Fed official warns inflation is still too high

Federal Reserve officials are signaling persistent concerns over inflation, with one leader emphasizing that price pressures remain elevated across the economy just days after the central bank’s latest interest rate hike. The warning underscores ongoing tensions between cooling inflation and the need for further monetary tightening, as policymakers assess whether recent policy moves will be enough to bring prices under control. Markets and economists will be watching closely for signs of how aggressively the Fed plans to proceed in its fight against sustained inflation.

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story Fed official: Inflation still too high in 'all aspects' of economy Neel Kashkari, the president of the Federal Reserve’s Minneapolis branch, said Sunday that inflation is “still too high,” days after the central bank raised interest...