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Russia-Ukraine War Risks Putting Fed in Bigger Bind
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The war in Ukraine isn’t likely to prevent the Federal Reserve from raising interest rates next month, but any worsening of inflation pressures could force the central bank to tighten policy even more aggressively than already hinted by senior officials.
In public comments and interviews last week, Fed officials endorsed plans to lift rates at their March 15-16 meeting. They said it was too soon to tell how the war will affect the economic outlook but they are monitoring developments carefully.
Read more on wsj.comAbout this in other media
Derby’s Take: Russia’s War on Ukraine Clouds Outlook for Dissent at Fed Meeting wsj.com /2 years ago
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