The minutes of the April 26-27 FOMC meeting revealed a relatively hawkish tone. Most FOMC participants judged that an interest rate hike in June would be appropriate “if incoming data were consistent with economic growth picking up in the second quarter, labor market conditions continuing to strengthen, and inflation making progress toward the Committee’s 2% objective”.
Hawkish April FOMC minutes put a June rate hike on the table
See also
