It was unthinkable a couple of weeks ago, but could the next move by the Fed be a rate hike?

Core Viewpoint - The surge in fuel prices due to the ongoing war with Iran has raised the possibility of an interest-rate hike by the Federal Reserve, a scenario that seemed unlikely just weeks ago [1] Group 1 - Fuel prices have significantly increased since the onset of the conflict with Iran [1] - The potential for an interest-rate hike by the Federal Reserve is now being considered as a response to rising fuel costs [1]