The Federal Reserve may need to raise U.S. interest rates four or more times this year if high inflation persists, Atlanta Federal Reserve bank President Raphael Bostic said on Thursday, in a further sign that policymakers are becoming increasingly leery inflation will not begin to abate soon. “The data may come in perhaps more pessimistic…
Fed’s Bostic Open to 4 or More Hikes This Year If High Inflation Persists
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