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Powell might be a bit more hawkish than his Fed colleagues on Thursday

Por: MarketWatch Politics October 18, 2023

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The Fed held rates steady at 5.25%-5.5% at their meeting in September but penciled in one more25 basis point rate hike at either the November or December meeting. Shenfeld said he was puzzled why many Fed officials seem to be backing away from this forecast at the same time the economic reports have delivered upside surprises to growth in the July-September quarter. The Fed’s forecast of a slowdown ahead “sound like a broken record in which... + full article



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