Fed officials beat inflation drum; 50-basis-point rate hike 'reasonable' next month - Reuters


8/3/2022 12:00:00 AM2 years 9 months ago

Federal Reserve officials voiced their determination again on Wednesday to rein in high inflation, although one noted a half-percentage-point hike in the U.S. central bank's key interest rate next month might be enough to march toward that goal.

Aug 3 (Reuters) - Federal Reserve officials voiced their determination again on Wednesday to rein in high inflation, although one noted a half-percentage-point hike in the U.S. central bank's key int… [+4904 chars]

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