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WSJ Timiraos: Fed mindset could see a switch this week.

WSJ Timiraos: Fed mindset could see a switch this week.
In a Wall Street Journal article, Nick Timiraos says that until now the Fed has been looking for clear signs of a slowdown in easing inflation to justify a pause. However after this week the calculations could flip. That is officials could need to see signs of stronger-than-expected demand and inflation to keep hiking.A summary of the article says:The Federal Reserve is expected to raise interest rates again at their meeting this week, marking the fastest rate-raising cycle in 40 years. Official... Read More
Posted: May 1 2023, 16:20
Author Name: forexlive
Views: 102777

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