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Fed officials float even higher rates after brisk inflation data

The overall consumer price index climbed 0.5% from December

Bloomberg News

Federal Reserve officials said interest rates may need to move to a higher level than anticipated to ensure inflation continues to fall, after fresh data showed prices rose at a brisk pace last month. Richmond Fed President Thomas Barkin, speaking in a Bloomberg TV interview Tuesday, said that “if inflation persists at levels well above […]

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