Boston Fed President Calls for Higher Interest Rates to Combat Inflation
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#f9660aca ver:0.16

Boston Fed President calls for higher interest rates to combat inflation caused by supply chain disruptions and labor market disruptions. The Fed aims for 2% inflation to achieve maximum employment, and setting a higher target could lead to unanchored inflation expectations. The Federal Reserve will maintain its key interest rate at a two-decade high until there is greater confidence that inflation is slowing sustainably. Minneapolis Fed President suggests interest rates may need to stay high for an extended period due to resilient housing inflation. Housing prices in the US are increasing despite the Fed's tightening policy, contributing to sticky inflation. #inflation #interestrates #FederalReserve...

#newstr #FederalReserve #InterestRates #Inflation 

 https://here.news/story/f9660aca?ver=0.16