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Federal Reserve's Musalem said that interest rates may need to rise further to curb inflation.
Fed's Musalem: Interest rates may need to rise further to curb inflation
BlockBeats News,September 22, Fed's Musalem: Interest rates may need to rise further to curb demand- and supply-driven inflation.
Original link https://m.theblockbeats.info/flash/368312
Musalem stated that interest rates may need to rise further.
He stated that this is intended to curb inflation driven by demand and supply.
The date indicated in the BlockBeats report is September 22。
The following is analysis, separate from reported facts. Verify important claims independently.
The core of the report is: Musalem believes interest rates may need to rise further to curb demand- and supply-driven inflation.
This links the possibility of further rate hikes to curbing inflation.
Beginners can first focus on terms: interest rates and inflation, and how the report describes their relationship.
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The interest rate is the ratio of interest to principal and may indicate the cost of borrowing or the return on lending funds and investments.
View glossary →Inflation is a phenomenon in which the overall price level of goods and services rises, thereby weakening the purchasing power of money.
View glossary →