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Philadelphia Fed official flags further modest rate moves to curb inflation

Anna Paulson said the goal remains bringing inflation back to target, even if only incremental steps are needed.

Reported · Written up by our desk · Central Banks

Philadelphia Fed policymaker Anna Paulson said the central bank may need additional, modest interest rate moves to help tame inflation.

In remarks described by CNBC, Paulson indicated that she and colleagues could still consider raising rates further if progress toward the inflation target is insufficient.

The comments underscore an ongoing policy focus on returning inflation to target levels, with the pace of adjustments framed as potentially incremental rather than abrupt.

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