Several Federal Reserve Officials Mull 11th Round of Rate Hikes

Several Federal Reserve Officials Mull 11th Round of Rate Hikes
The U.S. Federal Reserve building is seen past caution tape in Washington on Sept. 19, 2022. Stefani Reynolds/AFP via Getty Images
Bryan Jung
Updated:
0:00

Several Federal Reserve officials are open to at least one more interest rate hike in the coming months to cool inflation.

Several top policymakers have publicly spoken in favor of returning to the hawkish policy of the previous year at the next meeting in June, reported Fox Business.
Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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