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Posts tagged as “Federal Bureau of Prison”

Federal Reserve Signals Continued Interest Rate Increases Despite Slowing Economic Activity and Inflation

The Federal Reserve is signaling that it will continue to raise interest rates, despite signs of slowing economic activity and inflation. At a press conference, Vice Chair Lael Brainard noted that inflation is still high and Cleveland Fed President Loretta Mester said the policy rate may need to go higher than 5%. The Fed will discuss the policy rate at their upcoming meeting and monitor economic activity and inflation to determine the appropriate rate.