Free Trial

MNI PODCAST: FedSpeak-Fuhrer Says Hikes Have Gone Too Far

EXECUTIVE SUMMARY
  • The Fed has already raised interest rates too far but could hike them even further given misplaced concerns about inflation persistence, ex-Boston Fed research director Jeff Fuhrer tells MNI.
  • Fuhrer says the underlying rate of inflation is already 2.5-3% and headed lower, he hopes the Fed will be more flexible about cutting rates than the SEP suggests.
  • We also discuss his new book, "The Myth That Made Us."
Listen to full podcast here.
MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com
MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.