Evans would like to see a slower rate hike

2022.12.02 11:56

Evans would like to see a slower rate hike

Budrigannews.com – According to Charles Evans, President of the National Reserve Bank of the United States, the Federal Reserve System is likely to require an increase in the cost of loans to “slightly higher” than expected in the forecasts of September.

At an event in Chicago, Evans said, “We will probably have to raise rates on funds a little, although we will probably reduce” the rate of rate growth from 75 basis points per meeting, which was at recent meetings.

Evans would like to see a slower rate hike