US Fed Braces as Another Big US Inflation Number Looms
Updated: 10 Jul 2022, 09:00 AM IST
TL;DR.US inflation data in the coming week may stiffen the resolve of Federal Reserve policy makers to proceed with another big boost in interest rates later this month.
US Federal Reserve Chair Jerome Powell speaks during a news conference on interest rates, the economy and monetary policy actions, at the Federal Reserve Building in Washington, DC, June 15, 2022. (Photo by Olivier DOULIERY / AFP)