Philadelphia Fed President Anna Paulson Says Fed May Need To Raise Rates Again To Lower Inflation; Will Support Doing What's Needed To Return Inflation To 2%
https://www.philadelphiafed.org/the-economy/monetary-policy/260924-10th-annual-fintech-conference-speech
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Why It Matters
A Federal Reserve leader said the Fed might raise interest rates more to fight inflation. When the Fed raises rates, it typically makes borrowing money harder and can slow down stock markets.
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