Inflation isn't going away. Here's what that means for interest rates.

As inflation seeps deeper into the U.S. economy, the Federal Reserve may have to step up the pace of rate hikes, according to Wall Street analysts.

First reported by CBS News 1 hr ago1 source

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CBS News20:191 hr ago
Inflation isn't going away. Here's what that means for interest rates. (opens CBS News in a new tab)
As inflation seeps deeper into the U.S. economy, the Federal Reserve may have to step up the pace of rate hikes, according to Wall Street analysts.

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