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Mester puts 75 basis point rate hike back on table for September

Por: MarketWatch Politics May 14, 2022

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At that point, the Fed can look around and review the appropriate pace of further rate hikes, Mester said. “If by the September FOMC meeting, the monthly readings on inflation provide compelling evidence that inflation is moving down, then the pace of rate increases could slow, but if inflation has failed to moderate, then a faster pace of rate increases may be necessary,” Mester said. So a 75 basis point hike could come after the Fed’s... + full article



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