2min chapter

Moody's Talks - Inside Economics cover image

US Bull, China Bear

Moody's Talks - Inside Economics

CHAPTER

The Fed's Data Driven Rate Target

We started the year with the target of five to five and a quarter, and we haven't changed that. Our view is they're going to do one more hike and then be data driven. We actually quote Chairman Powell, where he says, it's not noble if we're going to have a recession. They need to be data driven at what for incoming data.

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