Powell: Fed Not Actively Considering 75-Basis-Point Hike

The committee is considering further rate increases, having raised 50 basis points recently. They plan to assess economic and financial conditions to decide on future rate hikes, with a focus on inflation trends. The committee aims to communicate expectations clearly, acknowledging the challenges of providing forward guidance due to economic uncertainties. They emphasize the need for substantial evidence of inflation control before altering their approach, highlighting the importance of data-driven decisions.

What actions has the committee taken regarding basis points?

How does the committee plan to respond to incoming economic data?

What are the expectations regarding inflation according to the committee?

What factors does the committee consider when making decisions about the funds rate?

What is the committee's stance on the current inflation trends?