Fed Meeting Minutes to Highlight Policy Divisions Before Leadership Change

2026-05-20 21:47

The Federal Reserve is set to release minutes from its April 28–29 meeting, revealing significant policy disagreements among its members. These minutes, scheduled for release at 2:00 AM Beijing time on Thursday, are expected to provide insights into the divisions over interest rate paths and inflation assessments. This comes ahead of a leadership transition, with Waugh set to be sworn in by President Trump on May 22, marking the end of Powell's tenure. Observers consider this meeting as one of the most divided in a generation, underscoring the challenges facing the Fed's policy direction.

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