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Harker: I expect the Fed to get rates just over 5%, and then hold
FED'S HARKER: I EXPECT THE FED TO GET RATES JUST OVER 5%, AND THEN HOLD.
— Breaking Market News (@financialjuice) January 12, 2023
Added at 9:20am
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HARKER: LOWER SHELTER COSTS TAKE TIME TO SHOW IN INFLATION DATA https://t.co/2tEhDoccP2
— FxMacro (@fxmacro) January 12, 2023
Added at 9:22am
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HARKER: STILL WORRIED ABOUT LONG-TERM IMPACT OF U.S. BUDGET DEFICITS
— Breaking Market News (@breakingmkts) January 12, 2023
Added at 9:24am
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FED'S HARKER: IT IS LIKELY TO TAKE A COUPLE OF YEARS TO GET INFLATION TO THE 2% TARGET.
— Breaking Market News (@financialjuice) January 12, 2023
Added at 9:25am
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Fed's Harker (v) says he sees signs of moderating shelter inflation and that lower shelter costs take time to show in inflation data
— Newsquawk (@Newsquawk) January 12, 2023
That's particularly dovish given the shelter data was the biggest upward pressures on core CPI, he is telling us to look past that, as market is
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- Story Stats
- Posted: Jan 12, 2023 9:20am
- Submitted by:Category: High Impact Breaking NewsComments: 4 / Views: 5,018
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