Further US rate hikes may be necessary as inflation moves back toward target, Philadelphia Fed president says (Reuters)

The story

The view was presented that further US rate hikes may become necessary. In this context, the discussion focused on returning inflation to its target.

The comments were reported as those of the president of the Federal Reserve Bank of Philadelphia, with the possibility of further rate hikes and the achievement of the inflation target as the central issues.

At a glance

SpeakerReportedly Philadelphia Fed President Paulson

ViewSuggested that further US rate hikes may be necessary

IssueSignaled a path toward returning inflation to its target

Reference information. Every claim resolves to something the story actually named.

What it links to

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