21.2 C
New York
Saturday, September 24, 2022

Buy now

spot_img

Fed’s Daly Sees Half-Point September Hike; No Inflation Victory


(Bloomberg) — The cooler inflation reading for July is welcome news and may mean it’s appropriate for the Federal Reserve to slow its interest-rate increase to 50 basis points at its September meeting, but the fight against fast price growth is far from over, San Francisco Fed President Mary Daly said.





Source link

Related Articles

Stay Connected

0FansLike
3,497FollowersFollow
0SubscribersSubscribe
- Advertisement -spot_img

Latest Articles