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Former Fed official Clarida backs another interest-rate hike this year

Por: MarketWatch Politics July 27, 2023

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“So if I were there, it would skew me to getting in that additional hike this year, and I think some members of the Fed will see it that way,” Clarida said. Fed Chair Jerome Powell said Wednesday that the Fed will decide what to do about interest rates on a “meeting-by-meeting” basis. Read: Fed no longer foresees a U.S. recession, highlights from Powell presser The Fed is forecasting that the unemployment rate will rise to 4.5% by the... + full article



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