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MNI PODCAST: FedSpeak- Gagnon Sees Rates Rising 50-100bps More

  • The FOMC could well deliver a hawkish pause in interest rate hikes at next week's meeting, but it will also make clear that more increases are likely, says ex-Board of Governors economist Joseph Gagnon.
  • He sees another 50 to 100 basis points of hikes before the fed funds rate peaks.
  • Gagnon is still optimistic that inflation can come down sustainably without a major hit to employment.
Listen to the 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

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