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Federal Reserve officials pledge to hike interest rates if inflation stays above target

According to Federal Reserve minutes released on Wednesday, officials are predicting that interest rates will go higher if inflation refuses to fall back to the Fed’s 2% target, after fresh data showed prices rising again and markets started treating another hike as a real risk. As Cryptopolitan previously reported, the Fed kept its target range...

Federal Reserve officials pledge to hike interest rates if inflation stays above target