The Fed is divided. But its ‘hawks’ are likely to prevail and face Trump’s wrath
- Posted on July 9, 2026
- By The Age
- 0 Views
- 1 min read
The Fed is divided. But its ‘hawks’ are likely to prevail and face Trump’s wrath
If the AI boom, the war in the Middle East and Donald Trump’s tariffs continue to fuel inflation, “almost all” members of the Federal Reserve Board’s rate-setting committee believe US interest rates will have to rise.
