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BlogsPowell: We no longer state ongoing rate increases may be appropriate [due to banking credit conditions]

FED MEDIAN FORECAST SHOWS RATES AT 5.1% END-`23, 4.3% END-`24Fed Chair Powell says FOMC does not know the extent of the impact of tighter credit conditions; do not see the impact just yet, that argues for being alert when considering future rate hikes

Darren Krett

Wednesday 22 March 2023

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Fed Chair Powell says FOMC does not know the extent of the impact of tighter credit conditions; do not see the impact just yet, that argues for being alert when considering future rate hikes facebookFed Chair Powell says FOMC does not know the extent of the impact of tighter credit conditions; do not see the impact just yet, that argues for being alert when considering future rate hikes twitterFed Chair Powell says FOMC does not know the extent of the impact of tighter credit conditions; do not see the impact just yet, that argues for being alert when considering future rate hikes linkedin

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Powell: We no longer state ongoing rate increases may be appropriate [due to banking credit conditions]

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FED'S POWELL: WE WILL NEED TO DO MORE RATE INCREASES, THEN LOOK AROUND AND SEE IF IT'S ENOUGH.

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Powell's testimony summary-image

Darren Krett

Tuesday 7 March 2023

Powell's testimony summary

Fed Chair Powell says if incoming data indicates faster tightening is required, Fed is prepared to increase pace of rate hikes; says ultimat

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