‘Various’ Fed Officials Said They Were Willing to Hike Interest Rates if Needed, Minutes Show
MarketWatch, May 22, 2024–Greg Robb
Federal Reserve officials indicated a willingness to raise interest rates again if inflation didn’t cool off further, according to minutes of the April May meeting released Wednesday.
“Various participants mentioned a willingness to tighten policy further should risks to inflation materialize in a way that such an action became appropriate,” the minutes said.
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