▼ Bearish
Federal Reserve official Paulson indicated that the central bank may need to raise interest rates again as underlying inflation remains stubbornly high.
She noted that the recent rate hike in September has improved the Fed's position in combating inflation and expressed commitment to achieving the 2% inflation target.
Paulson highlighted AI investment as a contributing factor to inflationary pressures, while describing the economy as resilient and the labour market as stable.
Reporting aggregated and summarized by CLOM — research & education, not financial advice.