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Former Minneapolis Fed chief Gary Stern expects more rate hikes

Original: Why former Minneapolis Fed president Gary Stern believes more rate hikes are coming

Former Minneapolis Federal Reserve president Gary Stern says he believes the Federal Reserve will need to raise interest rates further. Writing for CNBC, Stern argues inflation remains too high and that additional tightening is likely as policymakers work to bring prices back under control.

Why now: Markets and households are closely watching Fed officials' signals on the path of interest rates amid persistent inflation.

Gary SternFederal ReserveCNBCMinneapolis Fed

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Evidence

• Why former Minneapolis Fed president Gary Stern believes more rate hikes are coming · CNBC

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