US Fed official sees gradual rate hikes even amid low inflation


The US central bank can continue to raise interest rates gradually, despite persistent low inflation that could suggest a fundamental change in the economy, a top Federal Reserve official said Thursday. New York Fed President William Dudley said while he has been surprised that inflation has remained stubbornly below the central bank’s two percent target even…


US Fed official sees gradual rate hikes even amid low inflation
US Fed official sees gradual rate hikes even amid low inflation

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