Paulson identified ongoing investments in artificial intelligence as a factor contributing to inflation, though she described the national labor market as stable and the economy as resilient. She noted that the most positive observation regarding current inflation is that it has not worsened, and credited September's inflation reports for driving the most recent rate increase.
Wednesday, October 21, 2026
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Fed's Paulson Signals More Rate Hikes to Reach 2% Inflation Target
US Markets27 days ago
The US central bank may need to adjust its borrowing costs again to combat price pressures that refuse to decline, Philadelphia Fed President Anna Paulson said during an event in Philadelphia. Paulson stated that the rate hike implemented in September placed monetary policy in a more effective inflation-fighting posture and pledged her support for any measures necessary to bring inflation down to the 2% target.
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