Today news
About the same in other media
Fed’s Kashkari Sees Rates Rising to 5.4%
Reading now: 153
Minneapolis Fed President Neel Kashkari said he expects the Federal Reserve will need to raise interest rates by another percentage point over the next few months, despite signs that inflation is decelerating.
“While I believe it is too soon to definitively declare that inflation has peaked, we are seeing increasing evidence that it may have,” Mr. Kashkari said in an essay published online Wednesday morning. “In my view, however, it will be appropriate to continue to raise rates at least at the next few meetings until we are confident inflation has peaked.”
Read more on wsj.comAbout this in other media
Why the Bitcoin Price Rally is Stalling on Mixed Rates and Growth Outlook, DOJ Action – But Will Climb Again cryptonews.com /1 year ago
Bitcoin sees new 4-month high as US PPI, retail data posts 'big misses' cointelegraph.com /1 year ago
13% of BTC supply returns to profit as Bitcoin sees 'massive' accumulation cointelegraph.com /1 year 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.
