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The Economic Times
The Economic Times
Business

US Fed's Anna Paulson keeps 'open mind' on rate decisioin as inflation remains too high

Philadelphia Fed President Anna Paulson said on Tuesday that she was keeping an “open mind” about the path ahead for monetary policy, including the possibility of higher interest rates, Reuters reported.

“The recent improvement in some inflation data is welcome” and “it is a step in the right direction, but it ‌is only one step,” the official said in a statement from her bank.

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