Fed Officials Signal Rates May Need to Rise Again as Inflation Fight Stalls
Federal Reserve officials are beginning to sketch a more hawkish next step, with regional presidents Alberto Musalem and Lorie Logan indicating that the central bank may need to resume rate hikes if inflation fails to cool further. Their remarks offer the first clear glimpse of how policymakers are thinking about the next phase of the policy debate after an extended pause in tightening. The comments underscore that the Fed is not yet prepared to declare victory over inflation, even as growth and labor market conditions remain resilient.
