- Fed's Evans: Raising rates to just under 2.5% by March 2023 gives the Fed “optionality”
Market news
1 tháng 4 2022
Fed's Evans: Raising rates to just under 2.5% by March 2023 gives the Fed “optionality”
Chicago Fed President and FOMC member Charles Evans on Friday said that raising interest rates to just under 2.5% by March 2023 gives the Fed "optionality", reported Reuters. It is not a big risk if that rate-hike path includes "some" 50 bps hikes to get to the neutral rate sooner.
Monthly inflation reports should start to be lower in the second half of 2022, Evans said, but he added that the Fed's rhetoric won't change until 2023. Evans said that the latest US jobs report is not indicative of the economy overheating.
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page