关于「Former US Treasury Secretary Summers said that inflation could make the Federal Reserve」的内容列表

Former US Treasury Secretary Summers: Interest rate cuts in the coming years are not expected to be as large as the Federal Reserve forecasts

Inflation could lead the Federal Reserve to cut interest rates less than expected in the coming years, according to Mr. Summers, the former Treasury secretary. "On the monetary policy front, the Fed faces the risk of higher inflation if it is to actually cut rates as much as it expects," he said. Fed policymakers' latest dot plot forecast for the median federal funds rate at the end of next year is 3.4 per cent, or 150 basis points on top of Wednesday's 50 basis point cut. Mr. Summers said that ...

clock
2024-09-20 06:50:53