Today news
About the same in other media
Fed Official Says Monetary Policy Needs ‘Substantial Adjustment’
Reading now: 835
The Federal Reserve needs to raise interest rates to address an interval of higher-than-expected inflation, but the central bank could be able to avoid a turn to more restrictive policy as long as price pressures moderate this year, a top official said Friday.
“The current stance of monetary policy is wrong-footed and needs substantial adjustment,” said Chicago Fed President Charles Evans at a monetary-policy conference in New York. “But how big will it need to be?”
Read more on wsj.comAbout this in other media
U.S. Economy Grew Modestly Amid Omicron Surge, Fed Beige Book Says wsj.com /2 years ago
San Francisco Fed President Says March a Good Time to Raise Rates wsj.com /2 years ago
Ukraine crisis: Russia 'nearly 100% ready' for invasion, says Pentagon official euronews.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
