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Fed Officials Back Rate Hikes If Inflation Remains Elevated, Drop Dovish Language

GateNews

2026-05-21 06:53:56

According to Jin10 data, Federal Reserve officials have shifted toward a more hawkish stance in their latest meeting minutes released on May 21. A majority of Fed officials now support raising interest rates if inflation remains persistently elevated, and multiple officials favored removing dovish language from policy communications. Discussions on rate cuts have nearly ended, with the central bank beginning to seriously consider the possibility of future rate hikes.

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