The Fed’s next move may not be a cut as inflation and gas prices squeeze consumers

Business

The Fed’s Next Move May Not Be A Cut As Inflation And Gas Prices Squeeze Consumers

By AP News

WASHINGTON (AP) — 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 towa ...Read more