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The US central bank will likely have to raise interest rates further to bring inflation back to the
Goldman Sachs chief economist Jan Hatzius said the Federal Reserve could opt for two rate hikes instead of one in December after Fed Governor Christopher Waller’s hawkish remarks at a Central Bank of Turkey forum in Istanbul.According to The Fly, Hatzius said in a note that two additional rate hike…
St. Louis Federal Reserve president Alberto Musalem said inflation is elevated, driven by persistent demand pressures and recurring negative supply shocks, which are leading to higher energy prices.