Business

Fed May Delay Rate Hike Amid Global Supply Shocks

Updated 2026-05-08 14:20 UTC 1 source Neutral

Federal Reserve Chair Powell acknowledged that recent global supply shocks could hinder progress in reducing inflation. The Fed may delay rate hikes as it assesses the impact of these disruptions.

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The Hill

The Fed may not look past the latest global supply shock

Powell acknowledged that recent shocks have hindered progress in lowering inflation.

2026-05-08 14:00 UTC