“Fed policy makers are of the view that if there is the need to tighten the interest rate stance the tightening should be gradual as to not destabilize the economy.”
Source: Can Gradual Interest-Rate Tightening Prevent a Bust?
“Fed policy makers are of the view that if there is the need to tighten the interest rate stance the tightening should be gradual as to not destabilize the economy.”
Source: Can Gradual Interest-Rate Tightening Prevent a Bust?