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Feds Jefferson: Skipping a rate increase would allow Fed officials to see more data

Feds Jefferson: Skipping a rate increase would allow Fed officials to see more data
Holding US central bank policy rate constant at the current meeting should not be taken to mean rates have reached a peak for this tightening cycleSkipping a rate increase at coming meeting would allow Fed officials to see more data before deciding on extent of additional tighteningsMonetary policy works with a lag, and a year is not long enough to feel the full effectBase case Outlook is not for recessionHigher interest rates and lower earnings could test the ability of businesses to service de... Read More
Posted: May 31 2023, 17:36
Author Name: forexlive
Views: 101988

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