World & BusinessThe prospect of further Fed rate hikes to tame inflation
CNBC reports that Philadelphia Fed policymaker Anna Paulson sees “modest” rate moves as likely, with further increases potentially needed to bring inflation back to target.
TLDR
Philadelphia Fed policymaker Anna Paulson said she and her colleagues may need to raise interest rates further to bring inflation back to target, CNBC reports. She described likely rate moves ahead as “modest.”
The prospect of further Fed rate hikes to tame inflation
CNBC reports that Philadelphia Fed policymaker Anna Paulson sees “modest” rate moves as likely, with further increases potentially needed to bring inflation back to target.