Fed's Paulson: For me, the vote was not a close call

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Inflation is too high, wants to bring it downThis is a complicated time for monetary policyIt's a low-hire, low-fire economyI hear from price setters that they don't feel like they can pass on cost increases to consumersI'm weighing that out agains the AI boom and stock marketsHas an open-mind where rate policy is goingFor me, the vote was not a close callI see underlying inflation in the 2.4-2.8% rangeIf we don't see progress, then we need to act This article was written by Adam Button at investinglive.com.