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Fed's Daly: Risks over overtightening and undertightening are 'about balanced'

Fed's Daly: Risks over overtightening and undertightening are 'about balanced'
Two more rate hikes this year is a 'very reasonable' projectionTwo more hikes is only a projection, we don't know for surePrudent to slow the pace of hikes as we approach destinationSays she strongly supported June decision to hold rates and watch the dataCommunity contacts are worried housing has hit a bottom and that rents are reacceleratingCredit tightening so far is consistent with what would have been expected without March banking turmoilInflation expectations and frequency and magnitude o... Read More
Posted: Jun 23 2023, 13:28
Author Name: forexlive
Views: 081182

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