Fed Advisor: 'Most dovish hike' shows Fed likely done - MNI CentralBanks InterestRate DollarIndex Fed
strongly considering a halt to monetary tightening including an end to balance-sheet runoffs because of what could prove a substantial drag on the economy and inflation from the recent banking crisis.”“If you get a cooling that's much more rapid without having the economy go into a deep freeze, the“The Fed could be forced into such a policy reversal if a credit crunch delivers a bigger wallop to the economy than officials had foreseen.
“FOMC members appear worried that rate hikes from zero to nearly 5% in just a year might be excessive in the face of financial turmoil.”"Their goal is to chill the economy not send it into a deep freeze."The US Dollar Index ignores the dovish Fed view, as it is picking up fresh bids in early Europe.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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