The US Fed meeting minutes for May is out, underscoring the focus on a “cautious approach” regarding handling of the economy amid President Donald Trump’s tariff uncertainty. While the market has adjusted to the realities around a no interest rate cut, the behind-the-scenes conversation is also fueling new stock and crypto market reactions. US Fed Meeting Minutes: Key Takeaways As the Federal Reserve said in its announcement, the economic decisions in the minutes were based on the information available to the Federal Open Market Committee at the time. One of the Fed’s biggest takeaways was that it was pointing to wait for clarity on the outlook. The Jerome Powell-led Fed kept interest rates unchanged earlier this month, despite pressure from the Trump administration. As revealed in the May US Fed meeting minutes, the policymakers discussed key monthly inflationary measures. While the US CPI inflation reading was 2.3%, the Core PCE… Read More at Coingape.com
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