{
  "id": 19428275,
  "title": "Fed’s Paulson says more, gradual rate hikes needed to curb inflation",
  "url": "https://urgent.news/2026/11/11/feds-paulson-says-more-gradual-rate-hikes-needed-to-curb-inflation",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-11T01:57:54.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/economy-news/feds-paulson-says-more-gradual-rate-hikes-needed-to-curb-inflation-5017499"
  },
  "original_language": "en",
  "account": "Federal Reserve Bank of Philadelphia President Anna Paulson has stated that the central bank must continue raising interest rates to combat persistent inflation. Speaking at the 81st Annual Field Meeting Capstone gathering in Conshohocken, Pennsylvania, Paulson emphasized the need for gradual tightening of monetary policy.\n\nPaulson maintained that higher interest rates are necessary to bring inflation back to the Federal Reserve's target of 2 percent. Inflation rates have remained above this target for over five years, with underlying inflation hovering between 2.5% and 3%.\n\nThe Fed President, who votes on the rate-setting Federal Open Market Committee this year, prioritized inflation control as her top concern. She acknowledged the economy's unexpected strength and a stable job market, but highlighted that inflation pressures are still prevalent.\n\nPaulson attributed the rising inflation to tariffs, energy prices, and investment in artificial intelligence. In September, the central bank increased rates by 25 basis points for the first time in three years, with Chair Kevin Warsh reaffirming the Fed's commitment to its 2% inflation target.\n\nAccording to market projections, there is an 88.8% chance that the central bank will raise rates by another 25 basis points in December, as indicated by CME Fedwatch.",
  "summary": null,
  "key_points": [
    "Federal Reserve's Anna Paulson says more rate hikes needed to curb inflation",
    "Inflation above 2% target for over five years, hovering 2.5%-3%",
    "Fed President prioritizes inflation control, citing tariffs and AI investment"
  ],
  "editors_take": "Prioritizing inflation control over economic strength signals a continued commitment to gradual monetary tightening as the central bank struggles to return price stability to its long-term target.",
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "WSJ Economy",
        "title": "Fed’s Paulson Urges Gradual Approach to Rate Hikes",
        "url": "https://urgent.news/2026/11/10/feds-paulson-urges-gradual-approach-to-rate-hikes",
        "published": "2026-11-10T23:58:00.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Fed’s Paulson calls for gradual rate hikes amid ongoing high inflation",
        "url": "https://urgent.news/2026/11/11/feds-paulson-calls-for-gradual-rate-hikes-amid-ongoing-high-inflation",
        "published": "2026-11-11T01:27:12.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}