Photo: The Marriner S. Eccles Federal Reserve building in Washington, D.C., on January 29, 2023. Photographer: Samuel Corum/Bloomberg The Marriner S. Eccles Federal Reserve building in Washington, D.C., on January 29, 2023. Photographer: Samuel Corum/Bloomberg

Inflation that is proving increasingly stubborn will prompt the Federal Reserve to raise interest rates to an even higher peak level and hold them there through the year, according to economists surveyed by Bloomberg this month.

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