Insider QA Atlanta Fed President Raphael Bostic foresees interest rates staying higher for longer

Insider QA Atlanta Fed President Raphael Bostic foresees interest rates staying higher for longer

WASHINGTON — The Federal Reserve has reached a delicate stage in its fight against inflation. Its policymakers have raised their key interest rate to about 5.4%, its highest level in 22 years, to try to slow borrowing and spending and cool inflation pressures. They now are considering whether to raise…Read More

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