Fed’s energy cost worries could mean rate hike
World BusinessApr 6, 2011
Notes released from March 15 meeting show growing worries about inflationWASHINGTON (AP) ― Federal Reserve officials raised concerns last month that a big jump in energy prices could weaken the economy and unleash inflation, prompting a few to suggest the possibility of tightening credit this year. Such a move usually involves boosting interest rates, although the minutes from the Fed’s closed-doo