Recent remarks from one member of the Federal Reserve's seven-person governing board suggests that an interest rate hike later this month is not a done deal.
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Recent remarks from one member of the Federal Reserve's seven-person governing board suggests that an interest rate hike later this month is not a done deal.
JACKSON HOLE, Wyoming — Federal Reserve Chair Kevin Warsh said Friday that inflation is still too high and suggested the central bank may have to raise interest rates in the coming months to bring it down, a clearer signal than he had sent previously about his economic outlook.
Today’s children could be the first generation since the 1970s to do better than their parents as young workers become more sought after and well paid. They might even see a surplus of housing to make their lives even easier after recent shortages.
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