Jerome Powell may not rule out future rate hikes as the Fed gets ready to meet amid stubborn inflation
The Federal Reserve begins its two-day meeting Tuesday amid signs that inflation is not only sticky but also ticking back up, despite rates hovering at the highest level since 2001. The central is expected to hold rates steady at 5.25%-5.5%,…
Israel-Iran conflict adds to Fed’s caution on rate cuts as oil prices may disrupt inflation fight—but China and OPEC+ could ease pressure, Capital Economics says
Increased tension in the Middle East following Iran’s attack on Israel likely gives the Federal Reserve even more cause to go slow on rate cuts, as a spike in oil prices could disrupt the central bank’s battle against inflation, according…