Fed says inflation is growing faster than projected just 3 months ago and moves up expectations for rate hike

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Meanwhile, the Fed expects the labor market will continue to build strength. And while the central bank isn't ready to stem inflation by raising interest rates just yet, Chair Jerome H. Powell sent the message that it is attuned to rising prices and keeping a close ...

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Meanwhile, the Fed expects the labor market will continue to build strength. And while the central bank isn't ready to stem inflation by raising interest rates just yet, Chair Jerome H. Powell sent the message that it is attuned to rising prices and keeping a close ... https://ift.tt/eA8V8J

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