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Fed’s Paulson says modest further rate increases may be needed

Federal Reserve Bank of Philadelphia President Anna Paulson said additional interest rate increases may be needed to ensure inflation returns to the central bank’s 2% goal.

Sources (1)· Sep 24, 3:02 PM

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Spokane Spokesman-Review· Sep 24, 3:02 PMFed’s Paulson says modest further rate increases may be needed

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What are the financial benefits of higher interest rates? Experts explainThe Federal Reserve recently raised interest rates for the first time since 2023.

KABC-TV16d agoWhole story →

Economy federal reserve rate hike

Federal Reserve official says inflation persistence led her to support interest rate hikeWASHINGTON (AP) — A top Federal Reserve official said Monday that stubbornly high inflation and the renewal of combat in the Middle East in August were key

EUROPE SAYS16d agoWhole story →

Economy federal reserve rate hike

Federal Reserve Raises Interest Rates To Reduce Inflation - Arizona Daily IndependentAt their regular meeting of September 16, the Federal Reserve’s Federal Open Market Committee (FOMC) voted to raise interest rates by 25 basis points to a

EUROPE SAYS16d agoWhole story →

Economy federal reserve rate hike

Why the Fed isn't ready to declare victory on inflationFederal Reserve Bank of Richmond President Tom Barkin says inflation risks outweigh employment risks, warning that shocks from the Iran war and AI buildout aren't short-lived.

Fox Business16d agoWhole story →

Economy federal reserve rate hike

Fed's Collins says she supported rate hike, warns of elevated inflation risksBoston Federal Reserve President Susan Collins wrote on Tuesday that she supported the US central bank's decision last week to raise interest rates ‌in the face of risks that future inflation will be above the 2% target.

Reuters17d agoWhole story →

Economy federal reserve rate hike

Since

Fact Check Team: What higher interest rates mean for mortgages, borrowers and saversMortgage rates are back above 7%, adding to the financial pressure facing prospective homebuyers as the Federal Reserve raises its benchmark interest rate.

WJLA14d agoWhole story →

Build federal reserve rate hike

Dollar set for weekly gains as yields surge, Fed bets buildThe dollar was set for its first back-to-back weekly gains in more than three months on Friday, as surging Treasury yields and mounting bets on further Federal ‌Reserve rate hikes kept the greenback near multi-month peaks.

Reuters14d agoWhole story →

Economy federal reserve rate hike

Why mortgage rates are rising even as Trump demands lower interest ratesPresident Donald Trump has renewed his attacks on the Federal Reserve after it hiked its benchmark interest rate Wednesday, but the Fed matters less than broader economic trends when it comes to longer-term borrowing costs, economists say

Los Angeles Times13d agoWhole story →

Build federal reserve rate hike

As Bessent Muscles Bank of Japan, the Fed and European Central Bank Set Their Own CoursesLast Wednesday, in the first rate hike in over three years, the Federal Reserve raised its benchmark rate—the Federal Funds Rate—by a quarter of a percentage

EUROPE SAYS12d agoWhole story →

Economy federal reserve rate hike

Gold drops more than 2% on US rate-hike betsGold prices fell more than 2% on Monday as a rise in oil prices heightened inflation concerns and reinforced ‌expectations of further Federal Reserve interest-rate hikes.

Reuters11d agoWhole story →

Economy federal reserve rate hike

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Fed's Musalem says more rate hikes likely needed to quell inflationThe Federal Reserve will likely need to hike interest rates further to lower inflation resulting from strong demand as well as a commodity price shock that has moved beyond oil, St. Louis Fed President Alberto Musalem said on Monday, adding that it would be better for the ‌US central bank to act sooner than wait.

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Did the Fed raise its interest rate?Federal Reserve voted to increase its benchmark federal funds rate. How will Fed rate hike impact mortgages? What is benchmark interest rate?

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Fed may take time to make next interest rate move, Jefferson saysFederal Reserve Vice Chair Philip Jefferson said on Thursday that while he supported the US central bank's interest rate increase last month, he does not see any urgency to make another move.

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Economy fed interest rate decision