Fed minutes from March meeting show growing openness to rate hikes

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WASHINGTON: A growing group of Federal Reserve policymakers felt last month that interest rate hikes might be needed to counter inflation that continued to exceed the central bank's 2 per cent target, particularly given the inflationary impact of the US-Israeli war with Iran, according to the minutes of their March 17-18 meeting. "Some participants judged that there was a strong case for a two-sided description of the (Federal Open Market) Committee's future interest rate decisions in the post-

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Fed minutes from March meeting show growing openness to rate hikes https://www.channelnewsasia.com/ - 09.04.2026 02:39

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Fed minutes from March meeting show growing openness to rate hikes https://www.channelnewsasia.com/ - 09.04.2026 02:39