menu search

Fed's Daly: The time is now to step down on the pace of rate hikes

Fed's Daly: The time is now to step down on the pace of rate hikes

This is an important comment from Daly because she's often a mouthpiece for Powell. At the same time, she's also talking about a higher terminal rate.

  • My own forecast was for Fed funds to peak at 4.90%
  • We will probably need to tighten more than the Sept dots plot suggested
  • We need to mindful of cumulative tightening and the impact on financial conditions
  • My forecast is that Read More
Posted: Nov 10 2022, 16:24
Author Name: forexlive
Views: 110997

Search within

Pages Search Results: