Can USD Gain from Hawkish Fed Minutes?

Market volatility spiked on Wednesday as the latest FOMC minutes sent stocks reeling while boosting the US Dollar and government yields.

After months of insisting it was transitory, inflation is now the top concern for the Federal Reserve, with the central bank potentially looking to increase interest rates very soon. Given the key role they play for various asset classes, what sort of impact might an earlier rate hike mean?

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