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Fed will raise its policy interest rate above the inflation rate ‘sooner rather than later,’ says ex-governor Quarles who resigned last month

Fed will raise its policy interest rate above the inflation rate ‘sooner rather than later,' says ex-governor Quarles who resigned last month

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Former Federal Reserve Governor Randal Quarles said Tuesday that he thinks the Fed will move swiftly to raise its policy interest rate above the inflation rate because that is the only way to defeat inflation.

...read full article on Market Watch

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