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US Fed official says rate hikes may be needed if inflation surges

Summary by ABC FOX Montana
A key US Federal Reserve official warned Friday that a series of interest rate hikes could be needed if price shocks from the Middle East war are larger than expected, fuelling inflation.

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US Fed official says rate hikes may be needed if inflation surges

A key US Federal Reserve official warned Friday that a series of interest rate hikes could be needed if price shocks from the Middle East war are larger than expected, fuelling inflation.

·Missoula, United States
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ABC FOX Montana broke the news in Missoula, United States on Friday, May 1, 2026.
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