Fed minutes show growing openness to rate hikes at March meeting - Reuters

<a href="https://news.google.com/rss/articles/CBMiqAFBVV95cUxOVGtGaEhfZ2hEbzVRZXdLOXpObW5GWWF6d0xVSk5fVmNkQUg5WThtU3dWcEd3c2pTVXk0eF9Da1pTWU9LZkNXUlhUMW1RSUZya2NVYW1sRkh3N3o0WWN6VjhqZHQzY1lmbzZaQWwtZmtScXg3VVdvUk1pTjlPcy1tUkRPb3JmZDlNekExSmVBUVh4OFFXTTROaWx6WU1oMDhObmh1Q2pfYUE?oc=5" target="_blank">Fed minutes show growing openness to rate hikes at March meeting</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

Minutes from the Federal Reserve's March meeting reveal an increased inclination among policymakers toward potential interest rate hikes in 2026, influenced by rising gas prices due to the Iran conflict.

Beth Hammack, president of the Federal Reserve Bank of Cleveland, indicates that an interest rate hike could be appropriate if inflation remains persistently above the central bank’s 2% target, amid rising gas prices and inflation concerns.

The Federal Reserve's March meeting minutes, released today, may provide further insights into how policymakers assess the economic risks posed by the U.S.-Iran war, particularly concerning inflation and growth.