Publication date: January 12, 2024
Economist Anticipates Continued Hawkish Fed Amid Growth

Economist Anticipates Continued Hawkish Fed Amid Growth

A chief economist predicts the Federal Reserve will remain aggressive against inflation and dismisses the notion of a soft economic landing.

Economics

According to a leading economist at Apollo, the Federal Reserve's strategy against inflation has not reached its conclusion. Despite some sectors of the economy showing signs of regrowth, it may be premature to declare a 'soft landing'. Instead, the economist suggests that if economic growth persists, the Fed may continue its hawkish stance with further interest rate hikes to curb inflationary pressures.