BLINK: Fed Delivers Fuzzier Rate Message

Sharing is Caring!

With half-point interest-rate increases all but certain in June and July, Federal Reserve officials are shifting the focus away from a destination on hikes to something that’s trickier to determine and explain: the broader impact of their policies on the economy.

At the start of the hiking cycle, Chair Jerome Powell said the goal was “getting rates back up to more neutral levels as quickly as we practicably can.” In May, however, he walked back from the concept of neutral — a level that neither slows nor speeds up growth — cautioning that the discussion had a “sort of false precision.”

See also  Man delivers video warning to Globalist KLAUS SCHWAB and his WEF Puppets - "...You will never win"

“You know, you’re going to raise rates, and you’re going to be kind of inquiring how that is affecting the economy through financial conditions,” he said.

finance.yahoo.com/news/fed-delivers-fuzzier-rate-message-090000258.html

Help Support Independent Media, Please Donate or Subscribe:
Trending:
See also  Bill Maher message to the left is when what you're doing sounds like an Onion headline, STOP!

Views: 18

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.