Don't count out more rate hikes due to strong jobs market, former Fed governor Kroszner suggests

Nederland Nieuws Nieuws

Don't count out more rate hikes due to strong jobs market, former Fed governor Kroszner suggests
Nederland Laatste Nieuws,Nederland Headlines

Randall Kroszner, who’s now a University of Chicago economics professor, believes rates are staying high into well next year.

  • 📰 NBCPhiladelphia
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

and the back-to-school season kicking off, consumer confidence is another area the Fed is watching, Kroszner added.

"The consumer has been pretty resilient and that's great, but it also makes the Fed's job a little bit harder," he said."They're going to want to see a little bit less strength there before they're going to be able to to feel comfortable to say okay, no more hikes."

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

NBCPhiladelphia /  🏆 569. in NL
 

Nederland Laatste Nieuws, Nederland Headlines



Render Time: 2025-01-16 10:17:49