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- Ex-Fed’s Kroszner: The US central bank will hike by (northern) summer
Ex-Fed’s Kroszner: The US central bank will hike by (northern) summer
Randall Kroszner, a former Federal Reserve (Fed) Governor expressed his take on the timing of an interest rate hike by the world’s most powerful central bank.
Key quotes
“The Fed will hike by (northern) summer.”
“Elevated inflation won't ease in just 1 or 2 months.”
“The main things holding back US economy are supply constraints and low labor market participation.”
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