Federal Reserve Official Advocates Continued High Interest Rates to Combat Inflation
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#a6c7f3e2 ver:0.67

Federal Reserve officials advocate for continued high interest rates to combat inflation. The officials discuss the possibility of raising rates and tapering bond-buying program. Fed Vice Chair Barr emphasizes the need for patience, while Chair Powell expects inflation to ease but acknowledges concerns. San Francisco Fed President Daly supports high rates to slow inflation. Differing views reflect ongoing debate and concerns about the economy. The Fed's approach has implications for the labor market and economic growth. Alternative approaches and effectiveness of current strategy are questioned. Inflation expected to moderate, but supply chain disruptions and rising wages pose risks. Fed will closely monitor data and adjust policy accordingly. #FederalReserve #InterestRates #Inflation #MonetaryPolicy...

#newstr #FederalReserve #InterestRates #Inflation #MonetaryPolicy 

 https://here.news/story/a6c7f3e2?ver=0.67