Top Fed official sees potential rate hike amid higher gas prices, inflation concerns

Top Fed official sees potential rate hike amid higher gas prices, inflation concerns

A top Federal Reserve official said Monday that an interest rate hike could be appropriate if inflation remains persistently above the central bank's 2% target, the latest sign that some policymakers are moving away from a bias toward reducing borrowing costs.

Original Source

Read the full article at Pbs →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.