Fed Officials Expect Rate Hikes If Inflation Continues
The ongoing conflict between the United States and Iran has caused inflation to increase; energy prices most recently boosted annual inflation to a three-year high of 3.5%. If inflation continues to rise, then the Federal Reserve board expects they will have to hike interest rates as an offset, based on revelations in the latest meeting…
The post Fed Officials Expect Rate Hikes If Inflation Continues appeared first on RISMedia.
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