Fed officials reinforce stern message of slowing inflation by higher interest rates

Senior Federal Reserve officials say they are determined to squash “stubbornly high,” inflation even if it requires higher interest rates and steeper unemployment to bring price pressures back under control.

“I don’t know why markets are so optimistic about inflation,” said Daly, referring to recent optimism among investors that the Fed was finally gaining the upper hand. The Fed also signaled it plans to raise the so-called fed-funds rate to as high as 5.25% in 2023. Williams said his colleagues expect it to get to 5% to 5.5% next year.In market parlance, a real interest rate is one that is above inflation. The rate of inflation right now, using the Fed’s preferred PCE price gauge, is 6%. That’s markedly higher than the current 4.25% to 4.5% fed-funds rate.

Market is already calling this bluff. 2Y yield lower than FFR.

Then why did you reduce the interest rate increase? You were trying to distract the world without paying interest with the money you printed and distributed freely! They are stalling so that the world does not wake up to the robbery 👎

Stop spending and printing dollars! money being given to Ukraine and Illegal aliens does not help lower inflation. Why is our government allowing the fed to destroying the housing and stock markets?

then why did they only raise it by 0.5. These guys are talking from both sides of their mouths.

The Fed screwed up and they know it, collapse coming

The Fed governors better start wearing bullet proof vests.

Show me where forward inflation is high? There is no data to support this conclusion.

But they won't dare raise reserve requirements for banks, which are currently 0.0%

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

N.Y. Fed's Williams reiterates rates will rise as much as necessary to bring down 'stubbornly high' inflationInflation is still “stubbornly high,” and the Federal Reserve will raise interest rates as much as necessary to bring price pressures back under control, a senior central bank official said on Friday. John Williams, president of the New York Fed, said in an interview with Bloomberg that inflation h
Source: MarketWatch - 🏆 3. / 97 Read more »

New York Fed’s Williams says interest rates need to top inflation rate to get prices under controlInflation is still "stubbornly high" and the Federal Reserve will raise interest rates as high as necessary, a senior central bank official said on... Smh Interest rates higher than the inflation rate would destroy the economy.
Source: MarketWatch - 🏆 3. / 97 Read more »