Carney Says He Expects Fed to Raise Rates Before Year End
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Mark Carney, the former Bank of England governor, said he expects the US Federal Reserve to raise interest rates again before the end of the year to help curb inflation.
“I expect that there will be a bit more tightening by the Fed, probably an additional rate increase this year,” Carney said Monday during an interview on “The David Rubenstein Show: Peer to Peer Conversations.”