Hike again? Take a pause? Fed officials are split about what to do next to fight inflation
Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, Wednesday, May 3, 2023, following the Federal Open Market Committee meeting. (AP Photo/Carolyn Kaster)
By CHRISTOPHER RUGABER
AP Economics Writer
WASHINGTON (AP) — The stubbornness of high inflation is dividing the Federal Reserve over how to manage interest rates in the coming months, leaving the outlook for the Fed's policies cloudier than at any time since it unleashed a streak of 10 straight rate hikes beginning in March 2022....
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