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Fed’s Interest-Rate Strategy in 2023 Hinges on How Quickly Rate Increases Slow Economy
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Federal Reserve officials’ deliberations this week over how much more to raise interest rates will hinge on how much they expect the economy to slow this year.
Key to those discussions at their two-day policy meeting will be estimating how much their previous rate increases will cool growth and inflation over time, or what Nobel Laureate Milton Friedman called the “long and variable” lags of monetary policy.
Read more on wsj.comAbout this in other media
Inflation Report Keeps Fed on Track to Continue Rate Increases wsj.com /1 year ago
Two Fed Officials Would Have Supported Larger Rate Increase This Month wsj.com /1 year ago
Inflation Report Keeps Fed on Track to Continue Rate Increases wsj.com /1 year ago
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