Powell: We believe there is more restrictive policy coming

  • If you look at the data over the last quarter, data on jobs, inflation and activity is all strong
  • Policy hasn’t been restrictive for very long
  • As you get closer and close to the goal, the risks become more in balance
  • We have not made a decision to hike at every other meeting. I would not take moving at consecutive meetings off the table

More to come

This article was written by Adam Button at www.forexlive.com. Source