Nice to see a Fed official calling it artificial intelligence rather than super intelligence. At least there's still some independence left. Meanwhile, the talk of 'gradual' hikes helps to lock in the December hike view, which is already at 82% but you could argue it means that the 62 bps priced in for the next year isn't enough. Of course, that likely depends on what happens on inflation, tariffs and war.
This article was written by Adam Button at investinglive.com.
Source: Investing Live - Central Bank