Federal Reserve Chairman Powell, the central bank of the United States, said he could double the rate hike to "0.5%" at a single meeting in order to speed up inflation. Suggested.
On the 16th of this month, the Fed decided to lift the zero interest rate policy and switch to monetary tightening and raise the policy rate by 0.25% in order to respond quickly to inflation.
"Before Russia's military invasion of Ukraine, we expected inflation expectations to deteriorate significantly, and the timing and extent of supply-side improvements is extremely uncertain," Powell said in a speech yesterday. He acknowledged that inflation has been prolonged beyond expectations due to the disruption of the supply chain = supply network.
He added that the pace of future rate hikes would be "more than 0.25% if we decide that it is appropriate to move more aggressively."
The statement suggests that one meeting could double the rate hike to 0.5%, emphasizing the stance of accelerating the pace of monetary tightening as needed. am.
However, if the tightening is rushed, the economy may be negatively affected, and it seems that difficult measures will continue while assessing the effects of the situation in Ukraine.