Matt Egan

By KIMBERLEY HAAS Industry leaders are speculating about what officials at the Federal Reserve will do concerning rate increases during their meeting this week. In May, Federal Reserve Chair Jerome Powell said they were prepared to raise rates again if economic conditions worsened, but hinted at a wait-and-see attitude regarding this month’s meeting. Policymakers may even skip raising rates after a smaller than expected rise in the Consumer Price Index, released on Tuesday. CNN reporter Matt Egan said the CPI report gives officials the cover they need to hold off on increasing rates this month. “Investors are becoming increasingly confident that the Fed is going to keep interest rates steady after … 10 consecutive interest rate hikes. The Fed has…