Business

Fed Officials Signal Potential Rate Hike

Updated 2026-05-20 18:20 UTC 2 sources Neutral

Federal Reserve officials indicated a possible interest rate increase if inflation persists, citing concerns about the Iran war's impact. Minutes from recent meetings show growing consensus on this issue.

Coverage timeline — 2 articles

MarketWatch

Fed minutes show increased chances of interest-rate hike

Fed officials see a growing risk that inflation would stay higher for longer.

2026-05-20 18:04 UTC

CNBC

Fed officials see rate hike ahead if inflation stays elevated, minutes show

A majority of officials anticipated that interest rate increases would be necessary if the Iran war continued to aggravate inflation.

2026-05-20 18:05 UTC