fed Governor paulson said last week's rate hike helped move policy toward a better inflation-fighting posture, according to a report. The statement aligns with recent hawkish comments from other fed officials and reinforces the view that the tightening cycle is justified.
fed Governor paulson stated last week's rate hike helped move policy to a better inflation-fighting posture.
The statement comes from a third-party report citing paulson.
The remark follows a prior similar paulson comment attributing the hike to September inflation reports.
fed Governor paulson said last week's rate hike helped move monetary policy toward a better inflation-fighting posture. The statement, reported by a market aggregator, echoes his prior comment that September inflation reports drove the decision. It joins similar hawkish remarks from Williams and Barkin.
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