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Fed Chair Warsh signals rate hikes may be needed with US inflation stubbornly elevated

Fed Chair Warsh signals rate hikes may be needed with US inflation stubbornly elevated
Photo: KXAN (NBC Austin) - All News · view original

JACKSON HOLE, Wyoming (AP) — Federal Reserve Chair Kevin Warsh said Friday that inflation is still too high and suggested the central bank may have to raise interest rates in the coming months to bring it down, a clearer signal than he has previously sent about his economic outlook. In his first...

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