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More from the Feds Waller: Fed will have to keep rates high and not cut by year end

More from the Feds Waller: Fed will have to keep rates high and not cut by year end
  • The Fed will have to keep rates high and not cut rates by the end of 2023
  • Market perception of terminal rate is not far from where we are
  • Market expectations for rate cuts later this year is driven by optimism inflation will melt away
  • The Fed does not expect inflation to melt away
  • Need to keep rates higher for longer because of risk management
  • Hard to talk market out of their forecast
  • If loosening financial conditions means inflation takes... Read More
Posted: Jan 20 2023, 18:20
Author Name: forexlive
Views: 111439

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