Fed Paulson says rate hikes or long hold are possible
Philadelphia Fed President Anna Paulson stated that current interest rates are restrictive enough to manage inflation but noted it is healthy for markets to prepare for potential hikes. She expects the policy rate to remain steady at the upcoming June meeting.
Xurve View
Xurve View
Philadelphia Fed President Anna Paulson said the current 3.5% to 3.75% interest rate range in the United States is appropriate for the moment. Paulson noted that market shifts toward pricing in potential rate hikes rather than cuts align with her view of current risks. Investors must now weigh the possibility of an extended hold or further tightening as price pressures from tariffs and conflict persist.
