Fed's Quarles: Situation Exists for Rate Hike, Situation Exists for Holding or Lowering Rates

BlockBeats News, April 14th, according to the Associated Press, Federal Reserve’s Gullspie stated, “there is a situation where a rate hike may be appropriate, and there is a situation where keeping rates steady or cutting rates is appropriate. My concern is how long this situation may persist. The longer this situation persists, and if inflation stays stubbornly high, then the timing of a rate cut could be pushed back to after 2026.”