Federal Reserve official says Iran war pushed her toward supporting rate hike
Headline from WHEC Rochester
A top Federal Reserve official said Monday that the renewal of combat in the Middle East in August was a key reason she supported raising borrowing costs last week, when she also penciled in a second rate hike for later this year.
WHEC Rochester's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
A top Federal Reserve official said Monday that the renewal of combat in the Middle East in August was a key reason she supported raising borrowing costs last week, when she also penciled in a second rate hike for later this year.
Susan Collins said that businesses in her district, which includes Massachusetts, Connecticut, Maine, Rhode Island, and Vermont, continue to express concern about high costs amid the war.
Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.
