Fed's Paulson Says 'Modest' Further Tightening May Be Needed
Federal Reserve Bank of Philadelphia President Anna Paulson stated that additional interest rate increases might be necessary to reach the central bank's 2% inflation target.
Federal Reserve Bank of Philadelphia President Anna Paulson says some modest further tightening may be warranted to ensure inflation returns to the central bank’s 2% goal during an event in Philadelphia. (Source: Bloomberg)
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