Fed's Daly: 50 bps or 75 bps Sept rate hike 'reasonable' By Reuters
© Reuters. FILE PHOTO: San Francisco Federal Reserve Bank President Mary Daly poses at the bank’s headquarters in San Francisco, California, U.S., July 16, 2019. REUTERS/Ann Saphir/File Photo
(Reuters) - San Francisco Federal Reserve Bank President Mary Daly on Thursday said that either a half- or 75-basis-point interest-rate hike in September would be a "reasonable" way to get short-term borrowing costs to a little over 3% by year end and a little higher than that in 2023.
Once rates are at that "restrictive" level and are slowing growth and inflation, the Fed should hold them there and not quickly cut them, Daly told CNN International.
The Fed is committed to getting inflation back down to its 2% target, she said, but should not commit an "unforced error" by doing too much policy tightening.
声明：
本文内容不代表FxGecko网站观点，内容仅供参考，不构成投资建议。投资有风险，选择需谨慎！ 如涉及内容、版权等问题，请联系我们，我们会在第一时间作出调整！
相关文章
