Fundamental: Fed Says More Rate Hikes Are Needed to Curb Inflation

The Federal Reserve said that further interest-rate hikes would be required to restore price stability. "The committee is strongly committed to returning inflation to its 2% objective," the Fed said in its semi-annual report to Congress released Friday. Officials expect that "ongoing increases in the target range will be appropriate in order to attain a ...     Alert Mar 4, 2023, 6:00am Fundamental: Fed Says More Rate Hikes Are Needed to Curb Inflation The Federal Reserve said that further interest-rate hikes would be required to restore price stability. "The committee is strongly committed to returning inflation to its 2% objective," the Fed said in its semi-annual report to Congress released Friday. Officials expect that "ongoing increases in the target range will be appropriate in order to attain a ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support