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Fed Divided on Next Rate Move | Annapolis News
The Fed is deeply divided over whether to hike rates again, as inflation stubbornly persists and global tensions—especially in the Middle East—threaten to reignite price pressures. Despite holding rates steady last meeting, three regional Fed presidents dissented, calling for a hike—the first time in a decade so many aligned. With half the committee expecting more hikes and the other half pushing for patience, officials like Lorie Logan and Beth Hammack warn inflation remains too high and too widespread to ignore. Recent energy-driven slowdowns may be temporary, as oil prices surge again amid…
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