Fed officials continue Powell's hawkish bias 🦅🦅
After the FOMC, the arguments of Fed officials basically continued Powell's hawkish tendencies. Boston Fed Collins said that the option of further tightening policy is "certainly not off the table", while Governor Bowman indicated that multiple interest rate hikes may be needed. San Francisco Fed Fed Daly said she was not ready to declare victory in the battle against inflation and that the Fed "will not be satisfied until we get to where we need to be," which is that inflation is on its way back to price stability.