• Fed minutes suggest rate hikes on table again amid inflation jitters Fed policymakers said easing may not be warranted until there is a clear indication that the progress of disinflation is firmly back on track. • Cointelegraph in your social feed United States Federal Reserve policymakers discussed the possibility of interest rate increases last month, according to newly released comments from a January meeting. • The minutes of the Federal Open Market Committee meeting from late January werereleasedon Wednesday, revealing that some policymakers were mulling a rate hike due to stubbornly high inflation. • Several participants indicated that they would support “the possibility that upward adjustments to the target range for the federal funds rate could be appropriate if inflation remains at above-target levels,” the minutes stated. • Central bank policymakers voted to keep interest rates unchanged at 3.5% to 3.75% at their January meeting after cutting rates three times at the end of 2025, from 4.5% to current levels. • If enacted, it would be the first rate hike since July 2023.
Article Summaries:
- United States Federal Reserve policymakers discussed the possibility of interest rate increases last month, according to newly released comments from a January meeting. The minutes of the Federal Open Market Committee meeting from late January were released on Wednesday, revealing that some policymakers were mulling a rate hike due to stubbornly high inflation. Several participants indicated that they would support “the possibility that upward adjustments to the target range for the federal funds rate could be appropriate if inflation remains at above-target levels,” the minutes stated. Centra
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