© Reuters Fed member Barkin favors slow rate hikes
Arabictrader.com – confirmed policy maker federal of the United States Thomas, in an interview with Bloomberg last night, said that he prefers to slow down the interest rate hike, although it will take longer, but the final rate will be higher, and the following is the most important of what he has said:
- If inflation continues to rise, the US Federal Reserve will have to raise interest rates.
- Inflation expectations will remain stable.
- The US Federal Reserve will reduce inflation.
- Slowing the pace of interest rate hikes would be better at countering risks.
- While the policymaker was inclined to slow the pace, he did not disclose the extent of the increase.
- The US Federal Reserve is expected to cut to meet the 2% target.
In this context, it is noteworthy that the US Federal Reserve policy maker, Loretta Mester, confirmed on Monday evening that the US Federal Reserve will continue to raise interest rates, and added that the Fed will not stop to raise them unless there is an improvement in US inflation data.