Key Fed official sees possible rate hike amid higher gas prices, inflation concerns
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Source: The Manila Times
Published: 2026-04-07 19:25 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Energy, Economy & Finance, US Politics, Business & Economy
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Snippet:
WASHINGTON, D.C. — 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 toward reducing borrowing costs.
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