Federal Reserve officials signalled potential rate hikes if Middle East tensions drive a prolonged energy shock and keep inflation elevated. Policymakers, including Michelle Bowman, warned inflation risks remain high above target, while markets shift expectations from rate cuts to possible tightening as oil prices and supply disruptions persist.

Federal Reserve Governor Lisa Cook signaled support for keeping US interest rates steady, citing mixed economic risks from tariffs, the Iran war, and rising AI investment. She…

A growing split is seen among US Federal Reserve officials. Some policymakers warn that interest rates might need to increase again. This comes as inflation shows signs of not…