Deep Tide TechFlow News, April 9 — The Federal Reserve's March meeting minutes show that most participants believe the process of inflation returning to 2% may be slower than previously expected, and the risk of inflation remaining above the target has increased; the rise in oil prices due to the Middle East situation is considered likely to push up inflation, while also increasing economic uncertainty and downside risks; regarding policy paths, an increasing number of participants believe there is sufficient reason to adopt a "dual" approach, meaning that if inflation does not clearly decline, rate hikes cannot be ruled out, but if the economy or employment weakens, rate cuts may be necessary. Some participants have already pushed back their expectations for the timing of rate cuts further.

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