Conrad DeQuadros Quotes
The Fed is telling us here that they need to check those upside risks to inflation, and those risks have intensified since the March 28 meeting. Two more rate hikes is probably consistent with the view that the end of the tightening process is 'likely to be near.
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Telling | Check | Upside | Risks | Inflation |
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The speech quietly signaled a 25-basis-point (quarter percentage point) rate hike in February, and was consistent with a further rate increase in March or May.
- Conrad DeQuadros
