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FOMC meeting minutes for May 2022: inflation risks are skewed to the upside

All participant voted for 50 basis point hike
China lockdowns and Ukraine increased risks

Participants said Q1 2022 GDP decline contained 'little signal about subsequent growth, and they expected real GDP would grow solidly in Q2 and be near or above trend for the whole year

25 May 22 (Wed)

06:08 pm