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Fed's Mussalim: Further monetary tightening needed to bring inflation back to target; rates should rise over next 6-9 months

36KrOctober 8, 20261 min read

Federal Reserve official Mussalim said further monetary tightening is necessary to return inflation to the target, with interest rates expected to rise over the next six to nine months. The economy remains quite strong, and the Fed's best course of action is to lower inflation; market inflation expectations remain stable, with no signs that the Fed's credibility is being questioned. (Caixin)

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