October 3, the Federal Reserve's Mester stated that it may be necessary to raise interest rates again in 2023 and maintain them for a period of time. Despite progress, inflation rates remain high. The Federal Reserve may have already reached or approached the peak of interest rates and is now evaluating the time to maintain this level.
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Fed Mester: It May Be Necessary to Raise Interest Rates Again in 2023 and Keep Them There for a Whil
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