Fed officials signal rate hikes hinge on inflation trend
Ahead of the next Federal Reserve policy meeting, officials indicate they are willing to raise rates only if convinced inflation is not receding, while awaiting key inflation and other data.
Key Inflation, Other Data Eagerly Awaited Before Some Make Up Their Minds(MaceNews) — With barely two weeks to go before Federal Reserve policymakers gather to take fresh stock of the economy and reconsider their short-term interest rate settings, Fed officials are letting it be known they are wi…