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Fed's Mester: Recent inflation data is welcome news
- Seeing tentative signs that inflation rises are stabilizing; not calling a peak
- Expects Fed to hike by more than its median forecast
- It will take time for inflation to ebb
Mester spoke on Bloomberg TV.
The Fed is going to spend the next month pushing back against the bond market. We'll see who wins but the bond market is showing a lot of confidence so far.
This article was written by Adam Button at www.forexlive.com... Read More Posted: Dec 16 2022, 20:37
Author Name: forexlive
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