Fed Signals Two Hikes By End Of 2023

Fed Signals Two Hikes By End Of 2023

"Inflation has risen, largely reflecting transitory factors," the Fed said Wednesday, in a June policy statement that contained few surprises. The dot plot now tips two rate hikes by the end of 2023. That could reasonably be construed as a hawkish tilt, although I'd gently suggest that adjectives like "shocker" and "super-hawkish" (both heard in and around the release) are a bit overblown. Seven officials see a hike by the end of next year compared to four in March, "not sufficient to get the
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One thought on “Fed Signals Two Hikes By End Of 2023

  1. I decided months ago not fighting the FED was less mind boggling than bothering with way too much reading to think otherwise. You seem to be very adept at hearing all the noise and finding the right tone. Some of the paragraphs spoke volumes. Thanks.

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