Fed vice chair: Inflation is very high, dot plot points to more rate hikes ahead
According to BlockBeats, on September 30, Fed Vice Chair Brainard said that current inflation is very high, and the dot plot shows that there will be more interest rate hikes in the future. The Fed is committed to avoiding a premature exit, and policy needs to remain restrictive for some time.
Spillovers from tighter global interest rates should be considered, and the risk of additional inflation shocks cannot be ruled out. The (golden) ten