Richmond Fed president urges caution on interest rate cuts because inflation isn't defeated
WASHINGTON (AP) — The president of the Federal Reserve's Richmond branch says he supports reducing the central bank's key interest rate “somewhat” from its current level but isn't yet ready for the Fed to fully take its foot off the economy's brakes.
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Richmond Fed president urges caution on interest rate cuts because inflation isn't defeated (opens WHEC Rochester)WHEC Rochester's feed description
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