menu search

Fed's Harker: It's time for Fed to shift to 25 bps increments

Fed's Harker: It's time for Fed to shift to 25 bps increments
  • Eye-popping inflation numbers now likely in the rearview mirror
  • Doesn't see recession but GDP should slow to 1% this year
  • Time of supersized hikes has passed
  • Remains concerned about commercial real estate
  • Unemployment likely to tick up to 4.5% this year from 3.5% currently
  • Unemployment then likely to fall back to 4.0% in 2024
  • Labor market in excellent shape

Key line:

“We will raise rates a few more times this year, though,... Read More

Posted: Jan 12 2023, 13:46
Author Name: forexlive
Views: 102429

Search within

Pages Search Results: