Federal Reserve officials have expressed worries about inflation persisting above target levels, leading to discussions on potential interest rate hikes. The meeting minutes revealed debates on the effectiveness of current policy in curbing inflation, with some members willing to raise rates if necessary.
This uncertainty has caused a cautious mood in the stock market, with prices dropping after the release of the minutes. Despite expectations of a rate cut, the Fed anticipates a prolonged timeline for inflation to ebb, indicating a possible delay in policy adjustments.
The influence of the Fed's monetary policy on assets like bitcoin is also being scrutinized, with experts highlighting the interconnectedness between U.S. policy decisions and market dynamics.
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