Inflation fears on the rise as one-year outlook in Fed survey hits highest level since May 2023
The Survey of Consumer Expectations indicated that the median outlook for inflation over the next 12 months rose to 3.9%.


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The Survey of Consumer Expectations indicated that the median outlook for inflation over the next 12 months rose to 3.9%.

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The U.K. central bank indicated another cut could follow in the coming months
The bank's monetary committee, known as Copom, raised the Selic benchmark rate to 15% from 14.75%. It is now at its highest level since May 2006.
'unfair'

The former Kansas bank regulator has been at the Fed since 2018, and was appointed by Trump.
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