Some have said they are happy with rates where they are and others have warned not doing enough could mean inflation will remain stuck well above the official two percent target.Fuel your passion for sports with SportBrief.com. Click here to discover the latest sports updates!
"Any dovish deviation could encourage the markets to sell the dollar and hammer Treasury yields lower. Such a move would undermine the Fed's efforts and credibility to combat inflation. And Brown Brothers Harriman & Co's Win Thin said:"The Fed will be sufficiently hawkish so that markets don’t think it is done hiking.With economic data still showing strength,"simply put, current conditions warrant further tightening, period", he said.
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