Philadelphia Fed President Anna Paulson Keeps Options Open, Says Rate Hike Remains Possible Amid Persistent Inflation
Anna Paulson, President of the Federal Reserve Bank of Philadelphia, emphasized that she will approach upcoming monetary policy decisions with an open mind to all available options in light of ongoing inflationary pressures. She signaled that an interest rate hike remains a viable possibility if further progress in curbing inflation is not achieved.
In a statement issued by the regional bank on Tuesday, Paulson remarked that the recent improvement in certain inflation metrics "represents a welcome step in the right direction, but it remains only one step