Economy · World
US Fed Officials Signal Further Rate Hikes Amid Inflation Concerns
Officials at the U.S. Federal Reserve believe interest rates will likely need to increase further to combat high inflation. A deputy governor at the Bank of England stated that a rate rise is becoming increasingly probable if energy prices remain elevated. These statements suggest a continued focus on monetary policy to manage inflationary pressures.
How outlets across the spectrum covered it
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- Centre (3): Evening Standard, The Age, The Globe and Mail