“Upcoming”, the “hawkish” word

This from today´s Congressional Testimony: Incoming data suggest that labor market conditions continue to strengthen and inflation is moving up to 2 percent, consistent with the Committee’s expectations. At our upcoming meetings, the Committee will evaluate whether employment and inflation are continuing to evolve in line with these expectations, in which case a further adjustment of the federal funds rate would likely be appropriate. This from the February 1st Statement: The Committee expects that economic conditions will evolve in a manner that will warrant only gradual increases in the federal funds rate; the federal funds rate is likely to remain,…

This content is for Free Trial and Subscriber members only.
Log In Register
Share

Comments are closed, but trackbacks and pingbacks are open.