The April FOMC minutes indicate that most Fed officials are likely to support a rate hike if inflation continues to trend upward due to the U.S.-Iran war. Furthermore, another rate cut is unlikely anytime soon, with the officials noting the uncertainty that the Iran war has caused. FOMC Minutes Show Most Fed Officials Could Support

The post FOMC Minutes Signal Broad Support for Fed Rate Hike if Inflation Persists appeared first on CoinGape.

Share To:

CoindeskCrypto

Post A Comment:

0 comments so far,add yours

JPMorgan & Wall Street Giants See Hot US CPI Inflation at 4.2%, Bitcoin, ETH, XRP to Fall?

The US stock market and global crypto market are facing renewed selling pressure ahead of today’s US CPI inflation data release. JPMorgan, M...