February 07, 2023 17:53 GMT
Potential Over Focus On FOMC 'Probably' Needing To Hike Further
Fixed Income NewsHomepageBulletMarketsEmerging Markets NewsForeign Exchange NewsFOMC Calendar Market News
- Mention of probably in the main Bloomberg headline of *POWELL: PROBABLY NEED TO DO FURTHER INTEREST-RATE INCREASES is possibly helping dovish reaction but not wildly different to language from the presser.
- This from Wed Q&A: "You know, we've raised rates four and a half percentage points and we're talking about a couple of more rate hikes to get to that level we think is appropriately restrictive. And why do we think that's probably necessary?"