Stifel's Piegza Says Fed Should Raise Rates But Likely Won’t

Lindsey Piegza, Stifel's Chief Economist, believes that despite the need for rate hikes to bring inflation back to the 2% target, the Federal Reserve might not follow through with such increases. Her insights on "Bloomberg Surveillance" highlight the complexities and firm conviction required to tackle inflation effectively. This discussion is crucial as it underscores the delicate balance the Fed must strike between managing inflation and avoiding economic slowdowns. Piegza’s comments provide a nuanced perspective on the potential future actions of the Federal Reserve.