Published Sep 12, 2026, 11:10 AM ET · Updated 2 months ago · 1 source
Fed rate hikes unlikely to effectively curb inflation driven by energy and macro factors
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Original Report
Despite market expectations for 25-50 basis points in rate hikes this year, the speaker is not convinced these hikes will be effective in addressing inflation, which is primarily driven by energy costs and the broader macro backdrop, suggesting the Fed risks a policy error and is in a difficult position.