A top Federal Reserve official has said she expects the US central bank to implement one more quarter-point rate rise in its battle against high inflation, despite lingering concerns about the stability of the banking system.
Susan Collins, president of the Boston Fed, on Thursday said inflation across the country remains too high, arguing there is “more work to do” to get it back to the central bank’s 2 per cent target.
“I currently anticipate some modest additional policy…
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