Fed Minutes to Shed Light on Inflation Outlook

The Federal Reserve releases the minutes of its April 30-May 1 meeting on Wednesday at 2 p.m. EDT, offering new clues about how officials assessed an unexpected downtick in inflation during the first quarter.

Officials have signaled they are done raising interest rates for now, putting more attention on whether their next move might be to lower interest rates. Here’s what to watch:

PLEASE CONTINUE TO BE GOOD HUMAN BEING. I'VE STARTED TO BECOME HUMAN BEING.

The fools say that they want to prevent inflation, yet we're already drowning in inflation,v and have been for years.

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Fed Chair Powell: Business debt is rising but does not pose a threat to the systemThe issue of corporate debt has surfaced as companies continue to use the low rates the Fed has provided to lever up their balance sheets. bullshit. Debt makes the world go round Reactive not Proactive. Definition of bureaucracy.
Source: CNBC - 🏆 12. / 72 Read more »