FED MINUTES INDICATE A MAJORITY OF OFFICIALS BELIEVE INFLATION IS PERSISTENT AND COULD REQUIRE HIKES Warsh is going to have some work to deal with soon… If it really is just oil, then maybe the war ending helps get rid of the case for a hike (even if we don’t get a cut) but if it’s more than oil as the reason… Not sure Trump could handle his Fed Chair actually deciding to raise rates.
