Federal Reserve official says inflation persistence led her to support interest rate hike
The U.S. economy is growing steadily but inflation remains stubbornly high. In response, the Federal Reserve recently raised interest rates, a decision a top Fed official attributed to persistent inflation and recent geopolitical developments. The official indicated the Fed is planning to raise rates again later this year.
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2 developments- Sep 18Federal Reserve rate hike reflects new world of sticky inflation and faster growth
- Sep 21Federal Reserve official says inflation persistence led her to support interest rate hike
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Quiet for 8 daysLast development · Sep 21 — Federal Reserve official says inflation persistence led her to support interest rate hike
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Federal Reserve official says inflation persistence led her to support interest rate hike
Federal Reserve rate hike reflects new world of sticky inflation and faster growth
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2 viewpointsFederal Reserve Official Says Inflation Persistence Led Her To Support Interest Rate Hike
Interest Rate Hike Unsurprising As Sticky Inflation Remains Glued From Energy Wars In Ukraine, Russia And Iran