“In terms of our next meeting, I think 50 to 75 is clearly going to be the debate,” Williams said during an interview with CNBC. “My view is we’ve got to get interest rates higher, and we have to do that expeditiously.”
Fed officials have pivoted to more aggressive rate increases as they fight the hottest inflation in 40 years, following criticism that they left monetary policy too easy for too long as the economy rebounded from the pandemic.
Really? What else will the savers of the planet do?
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