Fed officials signal further rate hikes as inflation remains elevated
· 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 Susan Collins and Dallas Fed President Lorie Logan emphasized the need for tighter monetary policies. They indicated the possibility of upcoming rate hikes to achieve price stability and mitigate inflation.
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Collins sees tighter policy ahead
Logan calls for stronger market-support tools
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