Fed rate hike debate grows with inflation above 2%

NewsTue, 11 Aug 2026 21:27:36 UTC1 hour ago
Fed rate hike debate grows with inflation above 2%
Chicago Fed President Austan Goolsbee has identified inflation above the Federal Reserve’s 2% target as the main U.S. economic problem while officials debate whether to raise rates from 3.50%–3.75%. Why Goolsbee sees inflation as the main challenge Wired released Goolsbee’s…
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