W3Schools

The Fed: Here’s how the Fed’s doves and hawks will use the new inflation and sales data

Reuters

Federal Reserve Chairwoman Janet Yellen

The latest economic data cuts both ways, bolstering the arguments of the hawks and the doves at the Federal Reserve and guaranteeing tough talk at the central bank’s policy meeting that starts Tuesday, analysts said.

Fed hawks will point to the latest reading on consumer price inflation to say it’s time to hike rates. Many on the Fed have been waiting for signs of higher inflation to nudge rates up again. Their next chance comes with the panel’s sitdown.

Diane Swonk, founder and chief executive officer of DS Economics Inc. in Chicago, said the data sets up a “heated debate” between the two warring camps over whether to continue to hold rates steady or to move sooner versus later.

>>> Original Source <<<

Comentários