Fed's Evans: 'substantial' rate hikes needed in coming months

BlockBeats news, June 23, the Federal Reserve Evans spoke: "The downside risks are numerous and remain vigilant and ready to adjust the policy stance as inflation is clearly too high. The bad inflation-related news was an important factor in supporting a 75 basis point rate hike in June. My own view is broadly in line with expectations, with the policy rate at 3.25%-3.5% by the end of 2022 and 3.8% by the end of 2023. The (golden) ten