A majority of Federal Reserve officials said the central bank may need to consider raising interest rates if inflation continues to run persistently above the 2% target. The minutes of the April 28-29 FOMC meeting reinforce a hawkish policy bias and suggest rates could stay elevated longer, a market-wide signal for bonds, equities, and the dollar.
A majority of Federal Reserve officials said the central bank may need to consider raising interest rates if inflation continues to run persistently above the 2% target. The minutes of the April 28-29 FOMC meeting reinforce a hawkish policy bias and suggest rates could stay elevated longer, a market-wide signal for bonds, equities, and the dollar.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15
