Federal Reserve Chair Jerome Powell is expected to echo fellow central bankers in suggesting interest rates will go higher than policymakers anticipated just weeks ago if economic data continue to come in hot. Powell heads to Capitol Hill this week as Fed officials eye raising rates several more times to quell stubborn inflation — a message that’s making Democratic lawmakers uneasy. Some policymakers are suggesting they may have to do more to tame prices following a series of strong reports on jobs, prices and consumption, which have spurred traders to bet the Fed will hike beyond the 5.1% level officials estimated ... (full story)