Philadelphia Federal Reserve President Anna Paulson indicated that additional interest rate hikes could be warranted to combat inflation. She stated that inflation remains persistently high, with underlying inflation at about 2.5 to 3%.
Philadelphia Federal Reserve President Anna Paulson indicated that additional interest rate hikes could be warranted to combat inflation.
She stated that inflation remains persistently high, with underlying inflation at about 2.5 to 3%.
Policymakers expect one further rate increase by the end of the year to manage inflation levels.
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Philadelphia Federal Reserve President Anna Paulson indicated that additional interest rate hikes could be warranted to combat inflation. She stated that inflation remains persistently high, with underlying inflation at about 2.5 to 3%. Policymakers expect one further rate increase by the end of the year to manage inflation levels.
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