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Breaking: Fed officials see rate hike ahead if inflation stays elevated, minutes show - CN…
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
Fed minutes flag rate hike risk — markets absorbing the hit unevenly.
Minutes show officials see a hike ahead if inflation stays elevated. NVDA is taking the sharpest pain, down 1.59% to $219.90 intraday, while SPY holds near flat at $742.57 and QQQ barely moves at $713.75. Trump's dismissive response to hike odds hasn't provided a relief bid.
Watch: Whether NVDA breaks further from $219.90 — rate-sensitive tech leads directional moves here. SPY $742.57 is the intraday pivot; a fade below signals broader risk-off rotation out of equities on the rate headline.