Top Federal Reserve Official Opens Door To Keeping Interest Rates High For Longer
www.theyeshivaworld.com - 2024-04-17T00:00:09.000Z

Federal Reserve Vice Chair Philip Jefferson suggested Tuesday that the central bank’s key rate may have to remain at its peak for a while to bring down persistently elevated inflation. In a speech, Jefferson said he expects inflation to continue to slow this year. But he omitted a reference to the likelihood of future rate […]

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A top Federal Reserve official opens door to keeping rates high for longer

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