Fed Chairman Kashkari: Rising inflation requires more restrictive monetary policy. Expert Goolsbee sees progress. Effects on interest rates.
According to a report from finanzen.net, the monetary authorities in the USA are setting different emphases regarding the future interest rate course. Neel Kashkari, head of the Minneapolis Fed District, said the central bank may need to do more to combat inflation as the economy is running at full speed and inflation is rising again. His colleague Austan Goolsbee from Chicago, on the other hand, sees significant progress in reducing inflation and predicts a rapidly falling rate of inflation. These different signals from Fed members can have different effects on the financial market and the financial industry. If the central bank actually decides to take more restrictive monetary policy measures to counteract inflation, this could lead to rising interest rates...

Fed Chairman Kashkari: Rising inflation requires more restrictive monetary policy. Expert Goolsbee sees progress. Effects on interest rates.
According to a report from finanzen.net, the monetary authorities in the USA are setting different emphases regarding the future interest rate course. Neel Kashkari, head of the Minneapolis Fed District, said the central bank may need to do more to combat inflation as the economy is running at full speed and inflation is rising again. His colleague Austan Goolsbee from Chicago, on the other hand, sees significant progress in reducing inflation and predicts a rapidly falling rate of inflation.
These different signals from Fed members can have different effects on the financial market and the financial industry. If the central bank actually decides to take more restrictive monetary policy measures to counteract inflation, this could result in rising interest rates. Higher interest rates, in turn, could affect consumer spending, investment and borrowing, which would affect economic growth.
On the other hand, an easing of the inflation situation could lead to an easing of monetary policy and lower interest rates, which in turn could have a positive impact on consumer spending, business investment and economic growth.
It is therefore important to closely monitor the signals from Fed members and analyze possible scenarios to assess the impact on the market and the financial industry. Uncertainty about future interest rates and the Fed's monetary policy decisions could lead to increased volatility in financial markets. As an investor and financial professional, it is advisable to be prepared for different scenarios and make adjustments accordingly.
As finanzen.net reports, the situation is uncertain due to the different statements from Fed members and requires close market observation in order to react appropriately.
Read the source article at www.finanzen.net