CNBC interview: Former Fed Vice Chair Ferguson on holding steady this week and the need for two more rate hikes
Former Federal Reserve Vice Chair Roger Ferguson speaks with CNBC’s “Squawk Box”: The Fed is more likely to hold steady this week, as the market also expects, but recent inflation readings have been disappointing and have not eased. He believes fighting inflation will require two more rate hikes, one in December and another after a period of observation.
CNBC Television ·