Today news
About the same in other media
18.10 - 19:37
Top Fed Official Warns of More Persistent Price Pressures
Reading now: 973
Despite some signs of easing inflation, underlying price pressures have too much momentum and will likely require a period of higher interest rates, a top Federal Reserve official said Monday.
The economy is already seeing some of the effects of the Fed’s efforts to slow demand, including higher borrowing costs and mortgage rates and falling stock prices, which “have become significantly less supportive of spending,” said New York Fed President John Williams in remarks prepared for delivery Monday.
Read more on wsj.comAbout this in other media
Top Trending Crypto Coins Today 14 October – Ethereum Name Service (ENS), Quant (QNT), Algorand (ALGO), Tamadoge (TAMA) cryptonews.com /1 year ago
Price analysis 10/14: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, MATIC cointelegraph.com /1 year ago
Bitcoin Price Prediction as BTC jumps 7.5% Reversing Losses – More Gains to Come? cryptonews.com /1 year ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
