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US inflation still on ‘bumpy’ path to target: Fed official

by rajtamil
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US Fed official warns of inflationary risk of over-consumption

The US remains on track to hit its long-term target of two percent inflation despite a recent “bump” in the road, a senior Federal Reserve official said Monday. The US central bank has been on a journey since the Covid-19 pandemic, hiking interest rates to a two-decade high and holding them there in order to […]

The post US inflation still on ‘bumpy’ path to target: Fed official appeared first on Insider Paper.

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