Fed to Raise Interest Rates to 4% Next Year, Evans Says

Posted on the 11 August 2022 by Phil's Stock World @philstockworld

Aug 10 (Reuters) - Wednesday's consumer price index report showing U.S. inflation didn't accelerate in July was the first "positive" reading on price pressures since the Federal Reserve began tightening policy, Chicago Fed President Charles Evans said, even as he signaled he believes the Fed has ...

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