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Gas Prices Have Crept Higher This Summer, a Challenge for the Fed

Now at their highest level in 11 months, they can complicate the Federal Reserve’s campaign to rein in inflation. ....

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Gas-price rise is inflation callenge for the Fed

“Energy prices being higher is a significant thing,” says Fed chair Jerome Powell. ....

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Fed Leaves Rates Unchanged - The New York Times

Central bankers held rates steady at 5.25 to 5.5 percent, and forecast that they could still make a final quarter-point rate move this year. ....

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International Business: World 'struggling to make enough diesel'

International Business: World 'struggling to make enough diesel'
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The world is struggling to make enough diesel

Soaring diesel prices may also push refineries to prioritise the fuel at the expense of making gasoline. ....

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