The Zhitong Finance App learned that on Thursday, two Federal Reserve officials publicly advocated raising interest rates in a small and steady manner to cope with inflation that is still higher than the target. This is the first round of public rhetoric from central bank officials after the Democratic Party won control of Congress and expanded seats at the state level, potentially changing the path of price pressure in the economy.

Zhitongcaijing · 3d ago
The Zhitong Finance App learned that on Thursday, two Federal Reserve officials publicly advocated raising interest rates in a small and steady manner to cope with inflation that is still higher than the target. This is the first round of public rhetoric from central bank officials after the Democratic Party won control of Congress and expanded seats at the state level, potentially changing the path of price pressure in the economy.