Fed may raise rates sooner, as inflation is higher than expected

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SOURCE: https://www.axios.com/federal-reserve-interest-powell-markets-f34f9cb7-84b6-4aaa-961c-732feae01356.html

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Summary

Photo: Susan Walsh/Getty ImagesThe Federal Reserve kept rates unchanged at its latest policy meeting, but a shift in sentiment emerged as to how soon it should begin raising rates.Why it matters: The Fed's rock-bottom rates policy and monthly asset purchases helped the U.S. markets avoid a meltdown during the COVID-19 crisis last year.

As said here by Kate Marino

Fed may raise rates sooner, as inflation is higher than expected

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Kate Marino