Oliver Rust

Stay informed with Oliver Rust’s coverage and analysis for Fortune.

  • WASHINGTON, DC – JANUARY 31: U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the headquarters of the Federal Reserve on January 31, 2024 in Washington, DC. The Federal Reserve announced today that interest rates will remain unchanged. (Photo by Anna Moneymaker/Getty Images)Commentary

    The markets are starting to realize just how hawkish the Fed is–and reckoning with higher-for-longer interest rates

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  • NEW YORK, NEW YORK – JANUARY 12: People shop at the Ideal Fresh Market on January 12, 2023 in the Flatbush neighborhood of Brooklyn borough in New York City. The latest consumer report from the Department of Labor showed the inflation rate fell from 7.1 percent in November to 6.5 percent in December, as consumer prices saw their biggest monthly decline since early in the coronavirus (COVID-19) pandemic. (Photo by Michael M. Santiago/Getty Images)Commentary

    Inflation has slowed–but high prices are here to stay. Here’s why the next rate hike should be the Fed’s last

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