The Fed: ‘Several’ Fed officials said more rate hikes may not be needed and other key takeaways from May minutes

The Fed: ‘Several’ Fed officials said more rate hikes may not be needed and other key takeaways from May minutes

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Minutes of the Federal Reserve’s May policy meeting show that officials were divided over the path forward. At their meeting, the Fed hiked its benchmark interest rate by a quarter of one percentage point to a range of 5%-5.25%. The central bank also altered its forward guidance to indicate it…

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