Top Fed Official Raises Prospect of Rate Hike Amid Iran War

Newsweek — Apr 06, 18:41 PM

Beth Hammack warned a rate hike may be needed if inflation stays above target as the war pushes gas prices to multiyear highs.

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U.S. services sector inflation spikes

U.S. Services Sector Faced Heightened Inflation in March Wall Street Journal — Apr 06, 14:37 PM
The Fed’s next move may not be a cut as inflation and gas prices squeeze consumers AP News — Apr 06, 17:07 PM
Key Fed official sees possible rate hike amid higher gas prices, inflation concerns The Independent — Apr 06, 17:07 PM
Top Fed official sees potential rate hike amid higher gas prices, inflation concerns PBS — Apr 06, 19:48 PM
US Truck Rates at Highest Since 2022 Add to Inflation Pressures Bloomberg — Apr 06, 16:44 PM