Fed officials expect another rate hike will be needed this year: meeting minutesMost Federal Reserve officials expect that another interest rate increase will likely be needed this year to combat inflation, according to minutes released Wednesday from the central bank’s most recent meeting.New York Post1d agoWhole story →Economyfed rate hike decision
Fed Chair Kevin Warsh under pressure to hike rates as inflation fails to coolBack-to-back hotter-than-expected inflation readings may disappoint the majority of US central bankers who had been counting on price pressures easing on their own, setting the table for an interest-rate hike at the Federal Reserve's meeting next week and potentially more to follow.New York Post27d agoWhole story →Economyfed rate hike decision