Wells Fargo CEO says Fed may need to move quicker to address inflation concerns

NEW YORK – The Federal Reserve may need to move more quickly to address inflation concerns, Wells Fargo Chief Executive Charlie Scharf said Tuesday.

“There’s a case to be made that they should be moving faster than they’ve been moving. Inflation is very, very real,” he said.

(Reporting by Matt Scuffham, Editing by Louise Heavens)