Fed Chair Powell says policy rate may not have to rise as far as otherwise due to tightened bank credit conditions

Related Posts

• Fed Chair Powell repeats that rate cuts are not in the Fed’s base case

• fed chair powell says if incoming data indicates faster tightening is required, fed is prepared to increase pace of rate hikes

• Fed Chair Powell says we will take a data dependent approach to determine extend of further rate hikes

• Fed Chair Powell says focus remains on dual mandate, we are committed to bringing inflation back down to 2%

• Fed Chair Powell says inflation is far above Fed objective; high inflation poses significant hardship; Fed strongly committed to returning to 2% goal, failure would strongly cause greater harm

• Fed Statement comparison

  Fed

• Fed Chair Powell says Fed has not made any decision yet about the March meeting, Fed is data dependent, will be guided by incoming data; repeats terminal rate will likely be higher than previously expected

• US Rep. Hern (R) says Fed Chair Powell, in a meeting, indicated one more interest rate hike this year Powell told House GOP that supply chain inflation has been mostly mitigated.

• Powell’s testimony summary

  Fed Chair Powell says if incoming data indicates faster tightening is required, Fed is prepared…

• Fed’s Bostic (2024 voter, neutral) maintains view Fed policy rate needs to rise to 5.00-5.25% range, policy rate will need to remain at that level well into 2024

  Fed’s Bostic (2024 voter, neutral) maintains view Fed policy rate needs to rise to 5.00-5.25%…