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Fed's Daly wants to start talking about 'step down' in super-sized pace of interest-rate hikes

Por: MarketWatch Politics October 22, 2022

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“I think the time is now to start talking about stepping down – the time is now to start planning for stepping down,” Daly said, in a talk at the University of California Berkeley. The slower pace is important because the Fed doesn’t want to over-tighten, she said, just as it doesn’t want to not raise rates enough to slow inflation. There is a strong consensus among economists and investors that Fed officials will raise the benchmark... + full article



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