Et medlem af den amerikanske centralbanks råd, Mary Daly, vil have flere og kontinuerlige rentestigninger. Dermed går hun imod de seneste signaler fra ECB, hvor et medlem går imod rentestigninger. Mary Daly mener, at inflationen er blevet så høj, at det er nødvendigt at sætte renterne op hver eneste måned – med et kvart og måske en halv procentpoint – og at centralbanken snart skal begynde at reducere sin enorme balance.
Fed’s Daly: need ‘more urgency’ on rate hikes
San Francisco Federal Reserve Bank President Mary Daly said she no longer believes that raising U.S. interest rates every other meeting and delaying a reduction in the Fed’s balance sheet until later in the year is appropriate, given signs that inflation is broadening and workers are not charging back into the labor force.
“I do think having a little more urgency to moving interest rates up to a level that’s in line with what the economy needs today is important,” Daly told reporters after her first in-person public event since the pandemic began, at the Los Angeles World Affairs Council & Town Hall. Raising rates just once a quarter, as the Fed did after the Great Recession, “to my mind doesn’t satisfy the moment,” she said.
Daly said she has also pulled forward her preferred timing for starting to reduce the Fed’s balance sheet.
Daly said she expects the Fed to begin raising rates in March and subsequent meetings by a quarter-of-a-percentage point at a time, but did not rule out bigger half-point hikes if needed. “All of our possibilities are on the table,” she said, noting that there will be more data on inflation and on jobs before the Fed’s March policy meeting.
Still, she said, she doesn’t believe there is a case for ‘frontloading’ the Fed’s response to inflation, especially since healing supply chains may help slow price rises. “We need to get policy in in line but we can’t be impatient about doing it all today.”
