Powell speech: Policymakers did not see this as a time to pause – by eren_fxstreet Fed CentralBanks
after the Federal Reserve's decision to raise the policy rate by 25 basis points to the range of 4.5-4.75% following the first policy meeting of 2023."Taking pauses in between moves is not something the Committee is talking about in any detail.""Overall my own view is we will not have sustainable return to 2% core ex housing sector inflation without increased labor slack.""There is a path to getting inflation to 2% without a significant economic decline.
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