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Macro - Weekly Briefings - US

Publisher Oxford Economics
Published Mar 25, 2022
Length 5 Pages
SKU # OFE17063581

Description

Macro - Weekly Briefings - US

Rising and broadening inflation pressures are pushing Fed Chair Pro Tempore Powell and his fellow FOMC members into a more hawkish stance. With inflation set to run even hotter than current readings, policymakers have a difficult job before them as they try to bring down prices and avoid a hard landing. We forecast 150bps more in Fed rate hikes this year and for balance sheet reduction to start in May, but we don't rule out the possibility of a 50bps hike at any meeting as the Fed is eager to decisively restrain inflation.

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5 Pages
Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.

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