Fed Minutes Show Officials Preparing Ground for Rate Hike as Iran War Fuels Inflation

Name: Fed Minutes Show Officials Preparing Ground for Rate Hike as Iran War Fuels Inflation
Uploaded: 2026-10-25T05:03:00.883803+00:00
Description: Minutes from the Federal Reserve's April 28-29, 2026 meeting show a majority of officials said further tightening could be needed if inflation stays above the 2% target, with energy prices tied to the Iran war a key concern. Markets still expect the Fed to hold rates at its October 27-28 meeting, with a possible hike in December.

Minutes from the Federal Reserve's April 28-29, 2026 meeting show a majority of officials said further tightening could be needed if inflation stays above the 2% target, with energy prices tied to the Iran war a key concern. Markets still expect the Fed to hold rates at its October 27-28 meeting, with a possible hike in December.

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