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Fed's Paulson warns more hikes possible as inflation fight hardens

Philadelphia Federal Reserve (Fed) President Anna Paulson crossed the wires on Thursday, signaling that further rate hikes may be needed to lower inflation.

Philadelphia Federal Reserve (Fed) President Anna Paulson crossed the wires on Thursday, signaling that further rate hikes may be needed to lower inflation.

She acknowledged that the rate hike in September helped to “move policy to a better inflation-fighting posture.”

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