Officials Warned of Rate-Hike if Inflation Persists | Bloomberg Businessweek Daily 5/20/2026

Today, Bloomberg’s Mike McKee reports from the Federal Reserve as the committee releases the minutes of its last meeting, where officials warned the central bank could need to raise rates if inflation continued to run persistently above the 2% target. Then, Bloomberg Technology host Ed Ludlow breaks down new reporting on a potential IPO for artificial intelligence giant OpenAI. Plus, Bloomberg’s Myles Miller on US charges against Cuba’s Raul Castro ratcheting up tensions between the two countries. Then, Bloomberg’s Alex Semenova and Thomas Thornton discuss his bearish stance and what risks are most pressing to the market. Finally, Bloomberg’s Norah Mulinda and Scion Group CEO Rob Bronstein on Scion’s deal with Ares Management to buy $910M in student housing properties. (Source: Bloomberg)