Economy · World
US Federal Reserve Officials Signal Readiness for Further Rate Hikes
U.S. Federal Reserve officials Lisa Cook and Musalem have indicated a willingness to raise interest rates further if inflation does not show signs of easing. Cook stated she is ready to raise rates if inflation doesn't start easing, while Musalem called for "meaningful restraint" on inflation. These comments suggest the Fed is keeping its options open to combat persistent inflation.
How outlets across the spectrum covered it
Left 0 · Centre 7 · Right 1 n = 8
- Centre (7 votes, 8 outlets): Amar Ujala, Business Today, Mathrubhumi English, Navbharat Times · The Economic Times (Times Group — 1 vote), Telangana Today, The Hindu BusinessLine, The Tribune
- Right (1): Dainik Jagran
- International (12): Associated Press, Australian Financial Review, Bloomberg, CNBC, CNN, Channel News Asia, Gulf News, Reuters, Sky News, The Globe and Mail, The Jerusalem Post, The Wall Street Journal