Bloomberg Daybreak Weekend: Economy, Budget, Xi
Bloomberg Daybreak: US Edition
00:00
The Fed Is Open to Bigger Rates
Minneapolis Fed President Neil Cash-Carrie says he's open to bigger interest rate hikes, if necessary. Inflation has come down significantly but is still above where the Fed's target is, the 2% target. The easy low hanging fruit of bringing inflation down have gone away and are being replaced by higher wages driven in many cases by higher salaries.
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