St. Louis Fed president says more rate hikes likely needed to quell inflation
The Federal Reserve will likely need to hike interest rates further to lower inflation resulting from strong demand and a commodity price shock, St. Louis Fed President Alberto Musalem said.
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Bloomberg
Fed’s Musalem Says More Rate Hikes Likely Needed to Cool Prices (opens Bloomberg)Bloomberg's feed description
St. Louis Post-Dispatch
St. Louis Fed president says more rate hikes likely needed to quell inflation (opens St. Louis Post-Dispatch)St. Louis Post-Dispatch's feed description