The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
May 14, 2026
· 5 min read
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Fed may have to hike to defend its credibility
Original article ↗ 🔒 Paywalled source — limited preview availableB.I.A.S. ANALYSIS
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Article Excerpt
Fed may have to hike to defend its credibility
MIKE DOLAN
LONDON
REUTERS
PUBLISHED MAY 14, 2026
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Sitting out the oil shock may not be enough. The Federal Reserve may now have to prove it will act to meet its inflation target, much as its counterparts in Europe seem determined to do. Given what Wall Street forecasters currently think, that could pack quite a punch if it happens.
Year-end crude oil futures are near their highest level of the Iran war so far…
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