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2nd Nov 2022 15:55U.S., Daily Monitor

  • The FOMC statement points to slower rate hikes, but Chair Powell seems unconvinced.
  • Pursuing certainty of 2% or lower inflation implies aggressive further hikes; will the FOMC agree?
  • …The best outcome would be that the data cooperate, facilitating a December switch to 50bp. 

chair powell December fomc fomc statement inflation powell

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Keywords for: 3 Nov 2022 US Monitor

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