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Fed's Mester: Rate hikes have begun to quell US inflation

Por: Associated Press Business January 19, 2023

WASHINGTON (AP) — Growing evidence that shows that the Federal Reserve’s sharp interest rate hikes are working as intended, . But further rate hikes are still needed, she says, to decisively crush the worst inflation bout in four decades.“We’re beginning to see the kind of actions that we need to see,” Mester, president of the Federal Reserve Bank of Cleveland, said . “Good signs that things are moving in the right direction ...... + full article



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