Federal Reserve's Daly: Expects one to two rate hikes

ChainCatcher news, Federal Reserve's Daly stated that it is still too early to declare that the inflation issue has been resolved. Sufficient measures must be taken to raise interest rates to a sufficiently restrictive level. Currently, the Federal Reserve expects to implement one to two rate hikes.

Two rate hikes this year remain a reasonable expectation, but there may also be risks of insufficient rate hikes or excessive tightening. (source link)