Stevenson analyzes Fed messaging

March 21, 2023 Bloomberg

Betsey Stevenson, Bloomberg: "I think sticking with 25 basis points is hopefully going to be sending the signal that they (the Federal Reserve) really do believe that the situation is stabilizing. That they don't need to veer from their planned path. It's clear that they're not done raising rates, so why pause now is the question. If they pause now, that may send a signal that they don't have as much confidence that things are stabilizing."