Fed Officials Are Not In Full Sync About The Level Of Interest Rates. One Of Them Says The Current One is Sufficient

Source: International Business Times

Philadelphia Fed President Anna Paulson said she believes the current level of interest rates is enough to drive inflation back to the central bank's goal. AFP Philadelphia Fed President Anna Paulson said she believes the current level of interest rates is enough to drive inflation back to the central bank's goal. Speaking to CNBC, she said that while she could reassess her position if circumstances change, the current policy "has been mildly restrictive to get underlying inflation back down to 2% in an acceptable time period.