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The Federal Open Market Committee (FOMC) meeting minutes from the April 30-May 1 meeting were released, showing a hawkish stance with a willingness to hold interest rates higher for longer. Participants discussed inflation concerns and the possibility of tightening policy further if needed.
💡The minutes from the Federal Reserve's Federal Open Market Committee (FOMC) meeting, which concluded on May 1st, revealed significant insights into the concerns and strategies of Fed officials. While the majority of participants believe that the current policy setting is "well… https://t.co/FPWTDoekl2
‘Various’ Fed officials said they were willing to hike interest rates if needed, minutes show https://t.co/1LQ6mGJ43j
Federal Open Market Committee (FOMC) May meeting minutes - "a decidedly hawkish tone" https://t.co/MhRikLFy1E
