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Powell Q&A: It seemed to make obvious sense to use to moderate pace of hikes

Powell explained that it seemed like a 'natural' evolution of policy to switch to a slower pace of hiking as they reach the final destination. However we didn't talk about doing an 'every other meeting' approach.We didn't make a decision about JulyI do expect July will be a live meetingData came in 'consistent with, but on the high side' of expectationsAny forecast about inflation coming down this year will contain a big dose of housing disinflationHousing services disinflation will be a little... Read More

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Posted: Jun 14 2023, 18:43

Author Name: forexlive

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