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MNI PODCAST-FedSpeak-Facing Up To Lingering Price Pressures

  • Ex-New York Fed economist Matthew Raskin says the Fed could be done hiking interest rates if inflation and growth subside --but there's a good chance that prices pressure will remain stubborn for now.
  • In that scenario, the central bank might need to do more than just one additional rate hike, potentially taking fed funds to 6% or beyond.
  • Raskin thinks R-star has risen, with possible implications for how long interest rates will remain at high levels.
MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com
MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com

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