FOMC Minutes Preview: Look For "Easing Bias" Dissent Details Inside Powell's Hawkish Swan Song

NBC News reports that concerns about inflation among Fed officials led to discussions of a rate hike during their last meeting.

The Federal Reserve's minutes indicate a possibility of further interest rate hikes if inflation remains above its target.

The Fed minutes reveal that a majority of policymakers believe rate hikes are likely if inflation proves persistent.

A majority of Federal Open Market Committee members believe an interest rate hike is likely if inflation consistently remains above 2%.

Capriole warns that 3.8% inflation has historically preceded 30% market crashes, suggesting Bitcoin is at risk.

According to the Financial Times, 'many' Fed officials advocated for the central bank to abandon its easing bias during the April meeting.