A Fed Pivot? Not Yet, Policymakers Suggest, as Rapid Inflation Lingers. Stocks rose after the Federal Reserve’s recent meeting, with investors hoping the central bank would dial back rate increases. Not so soon, officials indicated on Tuesday.
Fed Confronts Why It May Have Acted Too Slowly on Inflation Central bankers have been asking whether they should have reacted faster to rising inflation last year — and are learning from the recent past.