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No, they have said, literally, that they will not stop rate hikes until they hit their inflation target. They will also consider stopping if it starts to interf
by kortilla 4y ago
No, they have said, literally, that they will not stop rate hikes until they hit their inflation target. They will also consider stopping if it starts to interfere with their max employment mandate.
The critical difference that you are missing is that if inflation stops before employment declines, they will stop raising rates.