Fed Officials Signal More Interest-Rate Increases Ahead
Three Federal Reserve presidents called for higher interest rates on Friday, challenging Chair Kevin Warsh's more dovish outlook amid persistent inflation.
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06:19:33 PM UTC
SquawkNews
By Jessica CoacciThe Federal Reserve needs to implement at least two more 25-basis-point rate increases given the current economic outlook after the central bank voted to hold interest rates steady this week, according to Dallas Fed President Lorie Logan.Without any monetary-policy restraint, infla…
By Nicole GoodkindThree Federal Reserve presidents called for higher interest rates on Friday, pushing back against Fed Chair Kevin Warsh's more dovish outlook as persistent inflation raises questions about whether the central bank has done enough to bring prices under control.Their comments came j…