
Federal Reserve shifts toward rate hikes as gas prices drive inflation
Investors no longer expect a rate cut until late 2027. This shift in market expectations follows minutes from the Federal Reserve's March 17…
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Investors no longer expect a rate cut until late 2027. This shift in market expectations follows minutes from the Federal Reserve's March 17…

A 20% surge in gas prices last month is poised to push inflation to 3.4% in March — the highest annual rate in nearly two years — up sharply…