Federal Reserve governors are leading the way when it comes to hawkish talk at the central bank about what may be needed to bring high levels of inflation back under control.
Over recent weeks, two Fed governors have said that if inflation doesn’t start moderating relatively soon, they believe that could move forward the central bank’s timing for an interest rate rise.
Authorities borrowing was increased than anticipated and customers tightened their belts, spending lower than anticipated, official figures present. Authorities borrowing…
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