Steve Barrow Quotes
The Fed has been on 'autopilot' with its monetary tightening so that even bouts of weaker data, such as we saw after hurricane Katrina, failed to divert the Fed off course. But now, following the minutes of the December meeting, it is clear that policy will become more data dependent.
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Monetary | Tightening | Bouts | Weaker | Data |
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This is perhaps the closest any Fed official has come to suggesting the peak on rates for now.
- Steve Barrow
