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Waller: Still have a ways to go on rates
Fed's Waller is on the wires saying:
- Recent data have made me more comfortable with ideas of 50 bp hike in Dec.
- Will watch data between now and December before deciding on the next policy step
- We still have a ways to go on rates
- Will need to increase into 2023
- Monetary policy needs to be aggressive to reduce inflation.
- The higher the policy rate , the stronger the case for slowing to 50 bp hikes
- Fed policy is very restrictive territor... Read More
Posted: Nov 16 2022, 19:36
Author Name: forexlive
Views: 102218