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Latest / Markets with Megan: A Quick Financial Markets Update

Fed Minutes: Rate Hike Is Back on the Table | S3 E147 | 05-20-26

The Federal Reserve's April meeting minutes, released today, show a committee growing more uncomfortable with inflation. The language shifted from "somewhat elevated" to simply "elevated," and three members pushed to signal that the next rate move could be a hike, not a cut.

This matters for anyone watching their portfolio right now. The market has already adjusted, pricing in one rate hike before the end of 2026. That is a sharp reversal from where expectations stood just a few months ago when the Fed was still talking about cuts.

In this episode, Megan covers:

• Why the Fed's word change on…

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