Inflation & Prices
Fed Officials Float Even Higher Rates After Brisk Inflation Data
- Barkin, Logan watching for signs of persistent price pressures
- Latest consumer-inflation data showed prices jumped last month
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Federal Reserve officials stressed the need for further interest-rate increases to help tame inflation, but expressed differing views about how close they are to stopping after new data showed signs of persistent price pressures.
Several officials said Tuesday that interest rates may need to move to a higher level than anticipated to ensure inflation continues to ease.