The trio of dissenters at the Federal Reserve who backed an increase in interest rates this week contend high inflation could get entrenched in the economy unless the central bank acts decisively to get prices under control.
Why corporate bosses are worried about new Kevin Warsh's stance on interest rates nypost.comSpooked investors demand clarity on Fed's anti-inflation strategy The Washington PostThe Problem With Warsh's Deference to Markets WSJAnalysis: Fed Chairman Warsh's credibility in question after leaving interest rates unchanged CNBC
Fed chair Kevin Warsh has been outspoken about the need to bring inflation down. But his stinginess with details this week has raised anxiety about less predictable policy.
US cyber defence agency warns of water attacks after Minnesota targeted BBCU.S. Sees Iran as Likely Behind Cyberattack on Minnesota Water Systems The New York TimesU.S. investigating whether Iran was behind cyberattack on Minnesota water systems CBS NewsUS cyber defense agency warns hackers are increasingly targeting water systems Reuters