Federal Reserve hawkishness broadened further on Thursday as Philadelphia Fed President Anna Paulson, a voting member of the FOMC, said inflation remains “stubbornly elevated” and that “some modest further tightening may be warranted” if the economy develops as she expects. Paulson said “returning inflation to 2% is a top priority,” while stressing that policy must […]The post Fed Hawkishness Broadens as Paulson Backs “Modest Further Tightening” appeared first on ActionForex.