The Federal Reserve Governor believes that the process of rate hikes is not yet coming to an end

The Federal Reserve Governor believes that the process of rate hikes is not yet coming to an end

Despite ongoing discussions about the future of interest rates, the Federal Reserve Governor expressed the view that the rate hikes will continue. He emphasized that the conclusion of the rate hiking cycle is not imminent.
The Governor highlighted the importance of maintaining prudent risk management. While it is possible that a rate hike may be skipped during an upcoming meeting, the inclination is towards implementing a hike in the near future, particularly based on incoming inflation data.
The Governor also pointed out concerns regarding the tight labor market, which continues to outperform expectations by adding more jobs than anticipated. This situation has led to upward pressure on wages, contributing to an inflation rate that currently exceeds the Federal Reserve's target of 2%.
The decision regarding rate hikes will ultimately depend on the data received in the coming weeks. However, based on the Governor's remarks, it is clear that the rate hiking process is expected to continue.

Discussion

default man
Explore
World Forex Review 2023: Platforms, Assets, Features Explained, Pros and Cons Revealed

World Forex Review 2023: Platf...

World Forex stands as a versatile brokerage offering tr...
Amana Capital Review 2023: Platforms, Instruments, and Regulations

Amana Capital Review 2023: Pla...

Amana Capital Group stands as a globally recognized for...
Finq.com Review 2023: Comprehensive Analysis of Trading Platforms, Assets, and Broker Features

Finq.com Review 2023: Comprehe...

Finq.com stands as a diverse multi-asset CFD broker, fa...
XGlobal Markets 2023 Review: Unveiling Regulations, Platforms, Features and Expert Analysis

XGlobal Markets 2023 Review: U...

XGlobal Markets, an online brokerage specializing in fo...
S.A.M Trade FX Review 2023: Unleashing Multi-Asset Trading Excellence

S.A.M Trade FX Review 2023: Un...

In the fast-paced realm of online trading, S.A.M Trade ...
Reviewing PU Prime: A Comprehensive 2023 Analysis of Trading Platforms, Instrument Variety, and Pros and Cons

Reviewing PU Prime: A Comprehe...

In the dynamic realm of online trading, PU Prime stands...
Reviewing Forex.com: A Comprehensive Review of Trading Excellence

Reviewing Forex.com: A Compreh...

In the dynamic realm of Forex and CFD trading, one name...
Reviewing Errante 2023: Unveiling Regulations, Platforms, Trading Instruments, and the Pros and Cons

Reviewing Errante 2023: Unveil...

Venturing into the financial landscape, Errante stands ...
ATFX Review 2023: Unveiling Pros, Cons, and the MetaTrader 4 Advantage

ATFX Review 2023: Unveiling Pr...

ATFX, a distinguished online broker, has earned accolad...
Reviewing ACY Securities 2023: A Dive into Regulations, Platforms, Trading Instruments, and the Pros and Cons

Reviewing ACY Securities 2023:...

Established in the vibrant forex and CFD landscape in 2...
;