Sarina Yoo

Sarina Yoo

November 15, 2022 | Daily Business Review

Fed Seen Sticking With Higher Peak Rate Despite Cooler Inflation

Federal Reserve officials remain resolute to continue their fight against inflation and not prematurely halt rate hikes in order to ensure a return to the 2% target, even as they acknowledge the economy could suffer pain and a possible recession.

By Steve Matthews and Sarina Yoo

4 minute read

September 16, 2022 | Daily Business Review

Fed Seen Raising to 4% in 2022, Signaling Higher for Longer

Federal Reserve Chair Jerome Powell has been vague about how high interest rates might go and in July said the Fed would make policy "meeting by meeting."

By Steve Matthews and Sarina Yoo

5 minute read

September 06, 2022 | Daily Business Review

Fed's Long-Sought Neutral Goal Proves Elusive, Moving Target

Most Federal Reserve leaders have suggested that they would be willing to err on the side of a too-tight policy to ensure bringing down inflation and avoid an undesirable rise in inflation expectations that could be hard to reverse later on.

By Steve Matthews and Sarina Yoo

5 minute read