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Fed official says earlier rate hikes could avoid more aggressive action later

Federal Reserve Governor Michael Musalem said raising interest rates now could avert more aggressive action later.

By DoomRadar · Published on DoomRadar .

Why it matters

Signals about future US interest rates can influence borrowing costs and global financial markets.

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  1. Fed's Musalem says hiking rates now could save more aggressive action later ↗investinglive.com · Recorded source date: Aug 20, 2026, 5:02 PM UTC

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