The Fed's Dilemma: Stability or Stimulus? The Federal Reserve's upcoming decision on interest rates has been a closely watched story.
However, the prospect of a rate hike appears to be on hold – at least for now – amidst rising energy prices and tensions in the Middle East. This reprieve comes as inflation data suggests a slight cooling off.
The consumer price index has been a persistent concern for Fed Chairman Kevin Warsh, whose predecessor oversaw a period where inflation consistently surpassed the 2% target.