Federal Reserve officials signaled a potential shift towards interest rate hikes if inflation persists above their 2% target. Many policymakers advocated for removing the central bank’s easing bias, suggesting the next move could be a rate increase. This stance reflects growing concerns about inflationary pressures.
US stocks today: S&P 500 rises on Mideast peace hopes as oil prices dip
US stocks ended slightly higher as markets reacted to mixed corporate earnings and shifting geopolitical signals around Iran peace talks. S&P 500 and Dow rose,