(FILES) The US Federal Reserve Building is seen in Washington, DC, May 3, 2023. - The US Federal Reserve's preferred inflation measure cooled further last month and now sits just above its long-term target, according to government data published Thursday, shortly before the presidential election. (Photo by SAUL LOEB / AFP)

WASHINGTON, United States – US interest rates are in a good place for the Federal Reserve’s inflation fight, a senior central bank official said Monday, pushing back against President Donald Trump’s calls for cuts.

“Overall, given the state of the economy and financial markets, I view the current stance of policy as only slightly restrictive, which…

https://business.inquirer.net/551120/us-interest-rates-well-placed-to-fight-inflation-fed-official

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