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The interest increase this month was the first of that size in more than 20 years the reserve On the path towards a rapid tightening of monetary policy.
The minutes of the meeting, released today, Wednesday, said: "Most of the participants" They considered that further increases of half a point Celsius will be"Probably suitable" At the Reserve Board meetings in June and July.
The minutes of the meeting said "All participants agreed that the US economy is very strong and inflation is very high" And that there is an increased risk that inflation will continue to accelerate given the current problems in supply chains and continuing virus-related shutdowns corona In China.
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The interest increase this month was the first of that size in more than 20 years the reserve On the path towards a rapid tightening of monetary policy.
The minutes of the meeting, which were issued today, Wednesday, said that “most of the participants” considered that further increases of half a point A percentage would be “likely appropriate” at the June and July Fed meetings.
“All participants agreed that the US economy is very strong and inflation is very high,” the meeting minutes said, and that there was an increased risk that inflation would continue to accelerate given current problems in supply chains and continuing virus-related shutdowns. corona In China.