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Feds Barr: We are at a point where we can proceed carefully on monetary policy

FOMC member Barr is on the wires saying:Fed is at a point where we can proceed carefully on monetary policy.Most important question is not whether an additional rate hike is needed this year.Most important question is how long we will need to hold rates at a sufficiently restrictive level. I expect it'll take some time.Full effects of past tightenings are yet to come in the months aheadThere has been a Lotta progress on inflation.Economic activity has been considerably more resilient than expect... Read More

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Proceed

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Posted: Oct 2 2023, 17:04

Author Name: forexlive

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