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Business
US Inflation Concerns Rise as Fed Official Calls CPI Report 'Disturbing'
✍️ Asianet Newsable
🗓 12 Nov 2026, 05:05 AM
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A Federal Reserve official expressed concern over the latest Consumer Price Index (CPI) report, stating it was 'borderline disturbing' and potentially leading to further interest rate hikes.
The Federal Reserve's economic outlook is facing new scrutiny after a top official described the latest Consumer Price Index (CPI) report as 'borderline disturbing.' The official, identified as Goolsbee, expressed concern that the rising inflation figures could necessitate further interest rate hikes by the Fed. This statement has heightened anxieties about the potential impact of these rate increases on the US economy.