Wells Fargo CEO says Fed may need to move quicker to address inflation concerns -Breaking
[ad_1]
© Reuters. FILE PHOTO: Charlie Scharf, CEO of Wells Fargo, testifies in front of the House Financial Services Committee at Capitol Hill, Washington, U.S.A, March 10, 2020. REUTERS/Carlos Barria/File PhotoNEW YORK, (Reuters) – The Federal Reserve might need to act faster to deal with inflation concerns. Wells Fargo (NYSE:) Chief Executive Charlie Scharf said Tuesday.
It is possible to argue that they should travel faster than what they are currently doing. He said that inflation is “very, very real”.
Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, futures, indexes and Forex. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.
Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.
[ad_2]