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Christopher Pissarides - 2 CNBC's - 1 Pissarides - 1 Jerome Powell - 1 Mandel Ngan - 1
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Search resuls for: "Christopher Pissarides"


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☆ Nobel Prize-winning economist says there’s no need for the Fed to keep hiking interest rates
  + stars: | 2023-07-14 | by ( Sam Meredith | ) www.cnbc.com   time to read: +2 min
watch nowNobel Prize-winning economist Christopher Pissarides believes there's no need for the Federal Reserve to keep raising interest rates in the coming months, saying policymakers at the U.S. central bank should instead look to take a breather in the battle against inflation. His comments come shortly after data on Wednesday showed U.S. inflation fell sharply to a two-year low of 3% in June. The reading appeared to underscore the Fed's relative success in containing price rises following a rapid increase in interest rates. "I don't expect anything to happen to make them want to increase interest rates more, but I would definitely wait this time," he added. Federal Reserve Board Chairman Jerome Powell speaks during a news conference following the Federal Open Market Committee meeting, at the Federal Reserve in Washington, DC, on June 14, 2023.
Persons: Christopher Pissarides, CNBC's, Pissarides, Jerome Powell, Mandel Ngan Organizations: Federal Reserve, U.S, Wednesday, Fed, London School of Economics, Economic Sciences, AFP, Getty Locations: Washington ,, Europe, States
☆ I don't think there'll be a need for further rate hikes in the U.S., Nobel Laureate economist says
  + stars: | 2023-07-13 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI don't think there'll be a need for further rate hikes in the U.S., Nobel Laureate economist saysChristopher Pissarides, awarded the Nobel Memorial Prize in Economic Sciences in 2010, says Europe "might be a different story."
Persons: Christopher Pissarides Organizations: Economic Sciences Locations: U.S, Europe
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