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Feds Jefferson:We need to move carefully to balance risk of tightening too much/too little

Fed vice chair Jefferson (voting member) speaking and says:We need to move carefully to balance the risks of tightening too much or too littleMay be too soon to say confidently we have tightened enough.Mindful of lag effects of past rates as I consider whether we will need further policy tightening.Rising long-term yields in the past may have meant investors seek stronger economic momentum and need for higher for longer Fed rate pathMindful that changes in real yields can arise from changes inve... Read More

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Posted: Oct 9 2023, 17:31

Author Name: forexlive

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