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Feds Cook says hopes current policy setting is adequate to settle inflation

Feds Cook says hopes current policy setting is adequate to settle inflation

WASHINGTON (Reuters) – Federal Reserve Gov. Lisa Cook said she hopes the central bank’s current target interest rate is adequate to return inflation to the Fed’s 2% target. The Fed left interest rates unchanged in a range of from 5.25% to 5.5% at its meeting last week, and “we hope…Read More

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