Notary Near You Blog

Comments on Rising Interest Rates

In a recent CNBC interview, Kansas City Federal Reserve President Esther George noted that the Fed is looking to tighten financial conditions, of which equity markets are a component, in an effort to tamp down price increases running at their fastest pace in more than 40 years

She further says that higher interest rates are needed now to bring down inflation and that policymakers are not focused on the impact that is having on the stock market.

“I think what we’re looking for is the transmission of our policy through market’s understanding, and that tightening should be expected,” George told CNBC’s Steve Liesman during a “Squawk Box” interview. “So it’s not aimed at the equity markets in particular, but I think it is one of the avenues through which tighter financial conditions will emerge.”

Read the full CNBC article, written by Jeff Cox: 

Inflation-fighting Fed isn’t focused on impact of rates on stocks, Esther George Says

Have you been considering purchasing a home? Whether you buy now or decide to wait, when you need to have documents notarized, contact Notary Near You.

Notary Near You is a prompt, precise, and professional network of mobile notaries that saves time by traveling to you, where ever you might be!

Contact us at 877-395-2650 Toll Free OR email us at [email protected]

No comments
Notary Near YouComments on Rising Interest Rates

Related Posts