Federal Reserve officials: The era of oversized rate hikes is over, and a 25 basis point increase in the future is appropriate

2023-01-12 22:35:49
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ChainCatcher news, Federal Reserve's Harker stated that it is time for the Fed to adjust the future rate hike magnitude to 25 basis points, and the era of oversized rate hikes is over; once the rate hikes end, the Fed will need to maintain stability for a period of time. Core inflation may drop to 3.5% in 2023 and reach the Fed's 2% target by 2025.

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