Raise rates as quickly as possible - Fed's Hoenig - Reuters India

Story date: 2008-07-09 02:08:00
Added on: 2008-07-11 22:29:22

KANSAS CITY, Mo. (Reuters) - The Federal Reserve should raise interest rates toward their "neutral" setting as quickly as reasonably possible to prevent high inflation taking root, a top Fed policy-maker said on Wednesday. "To the extent that the ...


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