The U.S. Federal Reserve raised interest rates by 75 basis points on Wednesday for the fourth consecutive time by this amount and the sixth since March, in what is considered the fastest pace of monetary tightening in decades. .
targets central America From this accelerated increase in interest rates to the increase in financial charges to slow down economic growth, to curb inflation which has reached its highest level in 40 years.
Some economists and monetary policymakers believe the Fed should pull back from this strong pace of increase interest ratesand moving to lower rises, to prevent the US economy from falling into recession.
Evans said the U.S. Federal Reserve would need to raise rates to a slightly higher level from the 4.50% and 4.75% range he had previously expected with the rest of his central bank peers. .
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Evans added, in an interview with Reuters: “From now on, I don’t think the uprisings of Benefit He will be proactive, I think the Fed is looking for the right level of tightening of monetary policy. “
The U.S. Federal Reserve raised interest rates by 75 basis points on Wednesday for the fourth consecutive time by this amount and the sixth since March, in what is considered the fastest pace of monetary tightening in decades. .
targets central America From this accelerated increase in interest rates to the increase in financial charges to slow down economic growth, to curb inflation which has reached its highest level in 40 years.
Some economists and monetary policymakers believe the Fed should pull back from this strong pace of increase interest ratesand moving to lower rises, to prevent the US economy from falling into recession.
Evans said the U.S. Federal Reserve would need to raise rates to a slightly higher level from the 4.50% and 4.75% range he had previously expected with the rest of his central bank peers. .
