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'This is the test': All eyes on US Fed to tackle high inflation

Reported by Kunal Bhatia (Senior Writer) · Economic Times - Markets ·

'This is the test': All eyes on US Fed to tackle high inflationRepresentative image · Wikimedia Commons

'This is the test': All eyes on US Fed to tackle high inflation. The US Federal Reserve goes into a key rate-setting meeting this week with markets expecting policymakers to pull the trigger on a rate hike to tackle persistently high inflation -- and analysts say central bank chief Kevin Warsh's credibility is on the line. In recent weeks, however, several Fed policymakers -- including Warsh himself -- have hinted that if inflation does not show clear signs of slowing, the central bank will have to act by raising interest rates.

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    'This is the test': All eyes on US Fed to tackle high inflation

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    Economic Times - Markets

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    It reflects a current development in business that people are following today: The US Federal Reserve goes into a key rate-setting meeting this week with markets expecting policymakers to pull the tr