Boston Fed President Susan Collins said, “I anticipate the need for further rate increases, likely to just above 5%, and then holding rates at that level for some time.” But she also added, “more measured rate adjustments in the current phase will better enable us to address the competing risks monetary policy now faces – the […]
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For Federal Reserve policymakers, the Iran War creates a familiar but uncomfortable dilemma: inflation risks driven by energy shocks at the same time economic growth may be weakening. If oil prices remain elevated and supply Read more…
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