Reply To: Federal Reserve Largest Raises Rates Most Since 1994, Up 75 Basis Points as Expected

#38843
TradersCom
Keymaster

Fed’s George was the only Fed who dissented on the 75 bps move

“The speed with which we adjust the policy rate is important,” she said, warning that “abrupt changes can be unsettling to households and small businesses.”

Looking ahead, she said the case to continue hiking is “clear cut” and that inflation is showing no sign of decelerating so I don’t think there are any real policy takeaways here.