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Fed's Kashkari: It's a close call on whether to raise or pause in June

Fed's Kashkari: It's a close call on whether to raise or pause in June
Not seeing evidence that banking stress is doing Fed's job on inflationFed has to keep going in battle against inflationServices inflation seems "pretty darn entrenched"It may be that we have to go north of 6% but that isn't clear yetThere seems to be some differing opinions at the Fed currently but the remark on 6% rates is certainly reflective of more hawkish sentiment than what markets are thinking right now. USD/JPY is at the highs for the day now at 138.09 currently. This a... Read More
Posted: May 22 2023, 11:09
Author Name: forexlive
Views: 092119

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