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09-24 16:25:51 Thursday
Fed Chair Williams: It is reasonable to raise rates again by the end of the year
Jin10 Data September 24—Fed Chair Williams said that we have seen the U.S. economy demonstrate significant resilience, and the downside risks to achieving full employment have weakened.
He also noted that inflation faces major challenges and that demand for artificial intelligence is quite strong. He said that we need to bring inflation back to the target level in a timely manner, and that it is reasonable to raise rates again by the end of the year.