Fed’s Goolsbee calls inflation report ‘borderline disturbing’ as central bank weighs more hikes
Summary
An October consumer price index increase that exceeded expectations has caused concern among Federal Reserve officials. Consequently, policymakers are currently considering whether additional interest rate hikes are necessary to cool the economy.
The consumer price index rose more than expected in October, raising alarm among Federal Reserve officials.
Source: Read the full story at US Top News and Analysis
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