Fed faces tougher inflation fight as pressure builds for more rate hikes

1. Axios FIRST 13h ago Fed faces tougher inflation fight as pressure builds for more rate hikes

   Data: FactSet; Chart: Courtenay Brown/Axios Inflation is no longer confined to a handful of trouble spots. Now, Federal Reserve officials are starting to question whether raising interest rates gradually will be enough to contain it. Why it matters: Fed officials had hoped that a relatively modest series of interest rate hikes would be enough to bring inflation under control — more a recalibration than a tightening campaign. But stubbornly high — and increasingly widespread — price pressures are

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