Former Fed Chairman Bernanke Predicts Economy Impact of Fed Rate Hike and Inflation Target
Bernanke, former chairman of the Federal Reserve and Nobel laureate in economics, said in a webinar organized by Fidelity Investments on July 20 that the Fed will raise interest rates by 25 basis points at the next meeting. “By early next year, we’re going to be down to 3% or above inflation, and then I … Read more