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CATEGORY: rate increases

Federal Reserve Governor Hints at More Interest Rate Hikes
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Aug 08, 2023 02:10

Federal Reserve Governor Hints at More Interest Rate Hikes

Federal Reserve Governor Michelle Bowman says additional interest rate increases will likely be needed to get inflation on a path down to the Fed’s target. “I will also be watching for signs of slowing in consumer spending and signs that labor market conditions are loosening,” the Fed governor added. More Interest Rate Hikes Likely Needed, [...]

The post Federal Reserve Governor Hints at More Interest Rate Hikes appeared first on Crypto Breaking News.

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Veteran Trader Peter Brandt Urges Federal Reserve to Raise Interest Rates Another 100 Basis Points
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jul 01, 2023 05:50

Veteran Trader Peter Brandt Urges Federal Reserve to Raise Interest Rates Another 100 Basis Points

Veteran trader Peter Brandt has urged the U.S. Federal Reserve to stay hawkish and increase interest rates another 100 basis points to protect the nation’s wealth. He stressed that there is nothing more destructive to wealth than inflation, emphasizing that the Fed “must keep their feet to the floorboard to prevent a re-occurrence of inflationary [...]

The post Veteran Trader Peter Brandt Urges Federal Reserve to Raise Interest Rates Another 100 Basis Points appeared first on Crypto Breaking News.

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