11 Quotes by Conrad DeQuadros

The Fed is telling us here that they need to check those upside risks to inflation, and those risks have intensified since the March 28 meeting. Two more rate hikes is probably consistent with the view that the end of the tightening process is 'likely to be near.

The Fed will keep raising rates as an insurance policy to prevent unwanted inflation. We haven't seen a tightening of financial conditions.