Though inflation measures such as the consumer price index and the Fed's preferred core personal consumption expenditures have come off their recent highs, they are still near levels last seen in the early 1980s. Multiple officials have said the 50 basis point moves are likely to continue despite the fact the central bank usually prefers a per-hike increase of 25 basis points. So far this year, the Fed has enacted two rate increases totaling 75 basis points, including a 50 basis point increase in May. "Otherwise, I would think we just move the rate until we find ourselves at least at neutral and then we look around to see what else needs to be done." "We aren't really there yet, so we need to see those data on a slowing economy bringing demand and supply back in balance, and I need to see some real progress on inflation," she said. "We need to do that expeditiously, and I see a couple of 50 basis point hikes immediately in the next couple of meetings to get there," she told CNBC's Steve Liesman during an interview on " TechCheck." "Then we need to look around and see what else is going on."ĭaly said she sees some initial signs of a slowing economy and reduced inflation, but will need to see much more progress before the Fed can taper its efforts. ![]() ![]() Personal Loans for 670 Credit Score or Lower ![]() 9, What we have seen is inflation not get worse on a month-to-month level, and I am hopeful that will translate into a. Personal Loans for 580 Credit Score or Lower Atlanta regional Fed president Raphael Bostic said in an interview on Feb. Best Debt Consolidation Loans for Bad Credit
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