Federal Reserve Minutes Point to Future Rate Hike

Fed Minutes Point to Future Rate Hike

So let's start with inflation. It may be cooling, but according to the latest five minutes, the interest rate hikes aren't over. In its last meeting, the Fed raised rates by 25 basis points, which was a slowdown from the 50 basis point rate hike that we saw in december before that, the Fed did raise rates 75 basis points for four consecutive meetings, while analysts aren't expecting a raise that drastic. The Fed minutes do reveal officials expect more increases, but at possibly a lower rate than in previous meetings, maker.