US Fed officials see inflation fight as broadly on track

US Fed officials see inflation fight as broadly on track …C0NTINUE READING HERE >>>

Fed Governor Christopher Waller said he was leaning toward another rate cut in December.
Photo: Sarah Silbiger / GETTY IMAGES NORTH AMERICA/Getty Images via AFP
Source: AFP

The US appears on track to hit its long-term target of two percent inflation despite a recent uptick, two Federal Reserve officials said Monday, with one indicating support for another rate cut this month.

The US central bank has been on a journey since the Covid-19 pandemic, hiking interest rates to a two-decade…

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