Fed Members' Concern on Inflation, Can Raise Interest Rates

The rising inflation has become a concern all over the world. The ever-increasing prices of commodities are a major problem. In view of this, in the meeting of the Federal Reserve, has shown concerns about rising inflation and has said that if inflation will keep on rising like this they will have to increase the interest rates. 

The minutes of the meeting also included the information about how it can take back all the economic help provided during the pandemic. The whole economy is affected by Inflation, including many factors like employment. It is continuously affecting the economies all around the world and controlling it is a challenge, in which big institutions of the world are engaged in its efforts.