FED Is Considered To Accelerate Interest Rate Decisions After US Inflation Data Higher Than Expected
The 7% increase in the latest inflation data, which is the highest rate in 39 years, caused the FED to plan to accelerate the monetary tightening applications. According to Powell, it is thought that the interest rate hike, which is planned to start in March, will start more quickly in response to the danger of permanent inflation. You can find the rest of the explanation at this link.