Paulson Warns More Rate Hikes Possible as Inflation Fight Hardens

Fed's Paulson Warns More Hikes Possible as Inflation Fight Hardens

The US central bank may need to raise interest rates again to lower inflation, according to Philadelphia Federal Reserve President Anna Paulson. She acknowledged that the rate hike in September helped to 'move policy to a better inflation-fighting posture.'

Paulson, who began her stint as the new Philadelphia Fed President in July 2025, signaled that further rate hikes may be needed to achieve the Fed's 2% inflation target.