- I’m tracking things like weekly credit card spending to see if demand is beginning to settle
- When you raise rates there is always a risk of the economy slowing faster than you want
- Sees risks in commercial real estate
- Looking at how expiration of SNAP and other benefits may put pressure on household spending
- Still a lot of money among households available to be spent
- Comfortable with a trajectory now of evaluating meeting by meeting if a quarter point hike is needed or not
More to come
