Loan Digest

Opinion | What to Make of the Fed’s Interest-Rate Pause

  • 📰 WSJ
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

From WSJopinion: Should we expect this Fed tightening to have faster or slower effects than usual? That’s the sort of question that Fed Chairman Jerome Powell and his colleagues are pondering right now, writes Alan S. Blinder

Journal Editorial Report: The week's worst and best from Kim Strassel, Bill McGurn, Mary O’Grady and Dan Henninger. Images: AFP/Getty Images Composite: Mark Kelly

The Federal Open Market Committee surprised almost no one Wednesday by “pausing” its streak of interest-rate hikes to give it more time “to assess additional information and its implications for monetary policy.” The Federal Reserve’s rate-setting committee stated clearly that to estimate how much more tightening will be needed, it will take into account “the cumulative tightening of monetary policy” and “the lags with which monetary policy affects economic activity and inflation.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in LOANS

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.

CNBC Daily Open: The Fed paused rates — and the rally in marketsDon’t see the Fed leaving interest rates unchanged as something positive.
Source: CNBC - 🏆 12. / 72 Read more »