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Fed officials say more rate hikes needed, despite slowing inflation - Printable Version

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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/