- Favors a 25 basis point rate hike at the upcoming meeting and continued policy tightening beyond that
- We have made progress is still considerable way to go toward 2% inflation goal
- By early December that the policy stance was a slightly restrictive, time to slow, but not all the rate hikes
- Recent CPI report good news, but don’t want to be head fake
- Still cautious about inflation
Inflation
Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m
Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m
Read this Term outlook, support continued monetary policy tightening - Expected continued slowing of US economy this quarter is desirable in a fight to lower inflation
- Ample evidence that fed rate hikes are dampening demand in business sector.
- Goal is not the whole economic activity, will be watching to see how moderation continues.
- Expected consumer spending to moderate this year, supporting job at one of maintaining progress on inflation.
- Labor market is strong, tight in face of higher rates, allowing fed to focus on lowering inflation. Waller sees encouraging signs of wage moderation, need to see more evidence of slowing.
- Still optimistic that a soft landing as possible
