Federal Reserve officials have signaled they’re prepared to raise interest rates if inflation doesn’t improve soon, but they may find their main policy tool will do little to restrain some of the forces pushing up prices now.
US CPI Report to Guide Fed Decision on Rates, Impact on Economy
Federal Reserve officials have signaled they’re prepared to raise interest rates if inflation doesn’t improve soon, but they may find their main policy tool will do little to restrain some of the forces pushing up prices now.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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