US Fed Official Warns of Rate Hikes
A US Federal Reserve official warns that interest rate hikes may be needed if inflation surges due to the Middle East conflict, causing price shocks and fuelling inflation.
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A US Federal Reserve official warns that interest rate hikes may be needed if inflation surges due to the Middle East conflict, causing price shocks and fuelling inflation.
A US Federal Reserve official has warned that interest rate hikes may be necessary if inflation surges, citing concerns over price shocks from the Middle East war. This comes as four out of 12 voting members on the Federal Reserve's rate-setting committee dissented against its latest policy statement.
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