Powell Says Fed Discussing a Couple More Rate Hikes

The transcript discusses the need for further rate hikes due to persistent inflation, the uncertainty in economic conditions, and the current state of real interest rates. It highlights the importance of careful policy decisions and monitoring economic indicators to determine the appropriate level of restrictiveness. The discussion also touches on the potential for a pause in rate hikes and the importance of understanding the path forward for the economy.

What factors are contributing to the current inflation levels?

How does the speaker assess the current state of the services sector in relation to inflation?

What is the significance of real rates being positive according to the speaker?

What approach is being taken regarding the rate hikes mentioned in the text?

What was the focus of the discussion in the meeting referenced in the text?