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2026-05-20 18:37:04

The term "inflation stickiness" has finally caught the officials' serious attention.

View Original

BlockBeatNews2026-05-20 18:19:02

Federal Reserve Minutes Shift to Hawkish: Rate Cut Discussions Fade, Rate Hike Risks Reemerge

The Federal Reserve's May minutes show that officials are no longer emphasizing rate cuts but are more cautiously weighing the possibility of rate hikes. Most participants stated that if inflation remains above 2%, further tightening may be necessary. This minutes is the record of the last meeting during Powell's tenure, indicating that the Middle East conflict is reshaping the interest rate outlook. Kevin Walsh will be sworn in as Fed Chair on Friday, with the next meeting scheduled for June 16-17.

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