Fed officials mull raising rates to curb growing inflation risk
- Posted on May 29, 2026
- By Business News Today
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- 1 min read
Fed officials mull raising rates to curb growing inflation risk
Federal Reserve officials signalled potential rate hikes if Middle East tensions drive a prolonged energy shock and keep inflation elevated. Policymakers, including Michelle Bowman, warned inflation risks remain high above target, while markets shift expectations from rate cuts to possible tightening as oil prices and supply disruptions persist.
