Kansas City Fed President Esther George He told CNBC on Thursday that it will be key for the Fed to maintain rates once the hikes end, Reuters reported.
Other comments
“High inflation requires Fed action.”
“Fed policy is having an impact on demand.”
“The Fed will keep rates until 2024.”
“A recession is not expected, but there are risks.”
“Risks to the economy increase when the Fed raises rates.”
“The latest inflation data shows positive signs of easing pressure.”
“It’s very important that the Fed continue to reduce the balance sheet.”
“The Fed still has a lot to learn about how balance sheet policy works.”
Market Reaction
The dollar index is maintaining its bullish momentum following these comments and was last seen up 0.5% on the day at 104.76.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
