in

Fed fearful of doing ‘too little’ to stamp out soaring US inflation

Fed fearful of doing ‘too little’ to stamp out soaring US inflation

Federal Reserve officials signalled they are more concerned about doing too little to rein in soaring US inflation than doing too much and doubled down on plans to tighten monetary policy so it constrains the economy, according to an account of their latest meeting.

Minutes from the September meeting — at which the Fed implemented its third-consecutive 0.75 percentage point rate rise — underscored the high bar for the central bank…


Posted by Editor

Your complete college football primer 100 days before Week 1 kicks off

Marshall prepares for biggest fight of career against Shields, but then what?

Liz Truss Will Step Up Energy Saving Info Campaign In Apparent U-turn

Liz Truss Will Step Up Energy Saving Info Campaign In Apparent U-turn