Fed officials say more rate hikes needed, despite slowing inflation
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Fed officials say more rate hikes needed, despite slowing inflation -
Levin
- 11-08-2022
August 11, 2022
1:35 PM GMT+8
Last Updated an hour ago
By Ann Saphir and Howard Schneider
- Kashkari sticks to his view of 3.9% fed funds rate at end-2022
- Evans sees 3.4% policy rate this year
- Both push back on market expectation for rate cuts next year
- Inflation, employment data to determine size of Sept rate hike
https://www.reuters.com/markets/us/fed-now-seen-delivering-50-bp-hike-sept-after-inflation-eases-2022-08-10/