Episode Details

Federal Reserve minutes reveal a shift in stance on interest rate hikes, with more policymakers now considering them to combat inflation, driven by the U.S.-Israel war with Iran and its impact on oil prices. Despite the conflicts effects on global shipping and oil prices, the Fed aims to balance inflation control and job protection. Projections show increased inflation forecasts but steady unemployment rates, as the Fed awaits further developments in the Middle East and AI rollout.

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