Federal Reserve's Daly: Now is the time to slow down interest rate hikes

2022-11-11 00:32:25

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ChainCatcher message, Federal Reserve's Daly stated that now is the time to slow down the rate hikes, and there is a lot of uncertainty regarding the peak of the federal funds rate; the discussion of stopping rate hikes is not on the table for now, and there may still be rate increases in the future. Our prediction is that inflation will be above target by the end of 2023. (source link)