Fed minutes show more policymakers were prepared to lay groundwork for rate hike
- Posted on May 20, 2026
- By Business News Today
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- 1 min read
Fed minutes show more policymakers were prepared to lay groundwork for rate hike
Federal Reserve minutes show growing concern that inflation driven by the Iran war could persist above the 2% target, prompting discussions around possible future rate hikes. Several policymakers signalled tightening may be needed, marking a more hawkish shift. Bond yields rose as markets priced in reduced chances of rate cuts.
