Fed says more interest rates hikes may be needed to tame inflation, despite 'tentative signs' the threat is abating

Fed says more interest rates hikes may be needed to tame inflation, despite 'tentative signs' the threat is abating

Upworthy

Published

Most Federal Reserve officials last month still regarded high inflation as an ongoing threat that could require further interest rate increases, according to the minutes of their July 25-26 meeting released Wednesday. At the same time, the officials saw “a number of tentative signs that inflation…

#federalreserve #jeromepowell #goldmansachs #neelkashkari #federalreservebank #minneapolis #patrickharker #philadelphiafed

Full Article