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The Economic Times

Business / The Economic Times

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US Fed minutes signal another rate hike by year-end as inflation stays high

According to the latest minutes from the US Federal Reserve, officials hint at a possible interest rate rise by year's end in response to ongoing inflation challenges. With inflation reaching a high of 7.2% in June 2022, fluctuations have continued amid worries over geopolitical events and escalating energy costs. The Fed faces the complex task of controlling inflation while ensuring stable employment within the economy.

8 Oct 2026 12:23 am