Fed minutes signal openness to higher rates as Iran war upends outlook
Minutes from the Federal Reserve's April meeting show that most officials were open to the possibility of higher interest rates, according to the record of the session. The meeting took place as the war with Iran was already reshaping the outlook for the US economy. It was also Jerome H.Powell's last meeting as chair, giving the record added significance for markets watching the central bank's next move. The minutes indicate that the discussion among policymakers was influenced by a rapidly changing external environment rather than by a single domestic data point. The war with Iran was described as having upended... [Continue Reading]
360LiveNews | 20 May 2026 20:00 LONDON
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