Fed Officials Consider Prolonged High Rates Amid Inflation Concerns
TL;DR Summary
Federal Reserve officials are considering further interest rate increases to address rising inflation in the US.
- Federal Reserve officials were open to further US rate rises to quell inflation Financial Times
- Federal Reserve minutes indicate worries over lack of progress on inflation CNBC
- Many Fed officials uncertain high interest rates are doing enough to crush inflation Axios
- Federal Reserve concerned over ‘lack of further progress’ in bid to tame inflation The Guardian
- Fed Minutes Show Officials Rally Around Higher-for-Longer Rates Bloomberg
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