Concerns Over Prolonged Fed Inflation Response and Potential Interest Rate Hikes
- 1In a few months, it will have been six years since inflation exceeded the Fed's target.
- 2Fed Governor Christopher Waller said a 50 basis point rate hike should be considered based on the 0.3% core consumer price inflation in October.
- 3Dallas Fed President Lorie Logan warned that the current policy rate of 3.75%-4.00% is too low.
So what's the key point?
In a few months, it will have been six years since inflation exceeded the Fed's target.
Source Fortune · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.