EconomyFed’s Paulson keeps an ‘open mind’ on rate outlook amid high inflation
Philadelphia Federal Reserve President Anna Paulson said Tuesday that she is keeping an “open mind” about the path of monetary policy. Her outlook could involve higher interest rates as inflation remains high. Paulson did not commit to a predetermined policy course, leaving room for her view to change as conditions develop. The comments point to continued uncertainty over the direction of rates.
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Fed’s Paulson keeps an ‘open mind’ on rate outlook amid high inflation
Economy