Dallas Fed President Logan said that, given the current economic outlook, the Fed still needs at least two more rate hikes totaling 50 basis points, followed by a pause to assess economic and financial conditions.
Dallas Fed President Logan said the Fed needs at least more rate hikes, each by 25 basis points; this week's meeting voted 10 to 2 to keep rates unchanged.
According to BlockBeats, Fed's Barkin stated that gradually adjusting interest rates is feasible, adding that the policy direction is clear and the key issue is the pace of adjustment.
PANews cited sources familiar with the matter quoted by Reuters and Bloomberg as saying that ECB officials are expected to December 17 raise rates by 25 basis points to 2.75%, but no formal decision has been made.
BlockBeats reviewed market focus points less than October FOMC minutes before the Federal Reserve’s 20 decision was announced, including whether rate hikes would be paused, the voting result, and the wording of the statement and press conference.
The Bank of Canada raised its policy rate by 25 basis points to 2.50%, marking the first rate hike in more than 3 years. Governor Macklem said further policy tightening may still be needed in the future to curb inflation.
Moody’s Analytics Chief Economist Mark Zandi said the Federal Reserve should not raise rates again this week, and the risk matrix shows that economic risks over the next 12 to 18 months are rising.
Former New York Fed President Bill Dudley stated that AI infrastructure investment could push up real interest rates and prompt the Fed to tighten more quickly; if capital expenditure and financing weaken, the subsequent scale of rate cuts could exceed expectations.
ChainCatcher, citing people familiar with the matter, said that the Bank of Japan may raise its inflation outlook for the next fiscal year and is expected to keep interest rates unchanged at the meeting ending October 30. The assessment could change if the yen falls sharply and drives up import costs.
According to a Cointime summary, Vietnam's central bank has required rate cuts, markets are watching CoreWeave's debt risk, and developments including the U.S. crude oil reserve swap and equity funds' shift toward defensive sectors were noted.