MONETARY AFFAIRS
Flash Review: Fed Reduces The Pace of Rate Hikes, But Policy Is Yet “Not Restrictive Enough”
By Brunello Rosa and Nato Balavadze
14 December 2022
In this paper we discuss:
- The Fed's assessment of the US economy, labour market and financial conditions;
- What the Fed decided at its December monetary policy meeting and could do in coming months;
- How the Fed changed its economic outlook since the September macroeconomic projections; and
- The market implications of all the above.
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Download PDF: Fed Flash Review - December 2022
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