Rate hikes are getting closer, big central banks say | Daily Sabah
Rate hikes are getting closer, big central banks say
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Rate hikes are getting closer, big central banks say
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Join Telegram channelThe Fed held its main rate steady, noting risks to jobs and inflation stemming from the Iran war.
A report warns that inflation could potentially soar to 10%.
Fed official Logan stated that the central bank's next rate move could either be a cut or a hike.
US Fed official says rate hikes may be needed if inflation surges.
Fed officials cited inflation concerns in defending their dissents.
Fed officials Hammack and Kashkari state that war has changed the rate outlook.