The Fed: Fed’s Barkin says high inflation made case for rate hike ‘pretty clear’

The Fed: Fed’s Barkin says high inflation made case for rate hike ‘pretty clear’

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The president of the Richmond Federal Reserve said doggedly high U.S. inflation justified the central bank’s move to raise interest rates again despite turmoil in the banking system. “Inflation is high. Demand hadn’t seemed to come down. And so, the case for raising was pretty clear,” Thomas…

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