Fed officials signal further rate hikes as inflation stays elevated
FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM
Federal Reserve officials are signaling further interest-rate increases to combat persistent inflation pressures in the economy. San Francisco Fed President Mary Daly expressed concerns about services inflation and its implications for future policy. Both Boston Fed President…
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✦ IN BRIEF · AIAI-generated summary
- 01Several Fed officials signal possible further rate hikes to counter persistent inflation pressures.
- 02San Francisco Fed President Mary Daly expressed concern about services inflation.
- 03Boston Fed President Susan Collins and Dallas Fed President Lorie Logan also called for tighter policy.