Fed's Paulson says more rate hikes may be needed to quash inflation
By Michael S. DerbyPhiladelphia Federal Reserve President Anna Paulson said on Thursday additional interest rate hikes may be needed to bring high inflation back to the US central bank's 2% target.Inflation "remains stubbornly elevated," Paulson said in the text of a speech to be delivered at an ev…
By Michael S. Inflation "remains stubbornly elevated," Paulson said in the text of a speech to be delivered at an ev…