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The Federal Reserve’s preferred inflation measure was already announced three weeks ago.

4 outlets ·Finance

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The Federal Reserve’s preferred inflation measure was already announced three weeks ago.
Bloomberg center
Isabelle Mateos y Lago, chief economist at BNP Paribas, discusses the weight of Friday’s US CPI report on the upcoming Federal Reserve interest-rate decision. She says her firm believes “monetary policy is not restrictive enough” and that the US economy “probably” needs three rate hikes, starting next week. (Source: Bloomberg)
Investing.com Stocks
Fed seen likely to raise rates next week after inflation report
CNBC left
A Fed hike next week seems certain after the latest inflation data. Here's what's ahead