The Credit Strategist

Share this post

Fed Doubles Down

www.thecreditstrategist.com

Fed Doubles Down

The Credit Strategist Blog

Michael Lewitt
Nov 3, 2022
5
3
Share this post

Fed Doubles Down

www.thecreditstrategist.com

Highlights from Fed Chair Jay Powell’s Press Conference yesterday:

“The question of when to moderate the pace of increases is now much less important than the question of how high to raise rates and how long to keep monetary policy restrictive.”

“It’s very premature to be thinking about pausing.”

“We think there is some ground to cover before we meet that test [stopping rate hikes]’.

“We may ultimately move to higher levels than we thought at the September meeting.”

Keep reading with a 7-day free trial

Subscribe to The Credit Strategist to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
Previous
Next
© 2023 Michael Lewitt
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing