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Fed's Cook says more rate hikes needed to combat inflation

Por: WPTV Business October 07, 2022

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WASHINGTON — More interest rate increases will be necessary to wrestle inflation under control, Federal Reserve Governor Lisa Cook said Thursday, echoing several tough speeches by other central bank officials this week.Cook said she has revised her views on inflation in the past several months and now sees it as more persistent. And while real-time, private-sector data is showing signs that inflation could cool in the coming months, the Fed... + full article



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