Fed's Powell: Slowing Down Rate Hikes Is Appropriate

The transcript discusses the decision to slow the pace of rate increases, influenced by recent CPI reports showing inflation deceleration. The speaker emphasizes a meeting-by-meeting approach, considering various factors, including incoming data, to determine future rate hikes. The goal is to balance risks and adjust the pace appropriately, without committing to a specific rate hike size yet.

What was the main topic addressed in response to Gina's question?

• The decision to increase the pace of rate hikes

• The future of economic growth

• The decision to slow down the pace of rate increases

• The impact of CPI reports on inflation

What approach is being considered for future rate decisions?

• Making decisions meeting-by-meeting

• Making decisions bi-annually

• Making decisions annually

• Making decisions quarterly

What is the potential size of rate increments being considered?

• 25 basis points

• 100 basis points

• 75 basis points

• 50 basis points

Why is there a need to move to a slower pace of rate hikes?

• To increase economic growth rapidly

• To better balance the risks and adapt to incoming data

• To decrease inflation immediately

• To align with international policies

What factors will influence the size of future rate hikes?

• Public opinion

• Political decisions

• Incoming data and various factors

• International trade agreements