Fed minutes reveal majority open to rate hikes if inflation persists

Fed Minutes Suggest Interest Rate Hikes Are on the Table if Inflation Continues.

The Federal Reserve's minutes indicate a willingness to consider further interest rate hikes if inflation persistently remains above its 2% target.

With oil prices under pressure and hawkish expectations for the Federal Reserve intensifying, the U.S. dollar has risen against the Canadian dollar for the third consecutive day.

The Pentagon's Next Critical Minerals Source Is Already In Its Own Warehouses. Last week, U.S. Navy destroyers began escorting commercial ships through the Strait of Hormuz under Project Freedom, the most aggressive American action in the strait since Iran shut it down in March. The naval blockade of Iranian ports is now in its fifth week. U.S. warships are running mine-clearance operations, intercepting Iranian-fl...