Fed Officials Hint at Hikes as Inflation Risks Grow

Fed policymakers signaled that higher rates could be on the table later this year if the Iran‑driven energy shock keeps inflation above target. Bowman leaned toward tightening, while others like Daly urged patience, and markets expect a year‑end rate move. Several officials also discussed using balance-sheet tools if the oil shock persists, though views on that approach vary as inflation momentum remains elevated.