Latest Federal Reserve minutes show more support for rate hikes as inflation fears mount
There was no mention in the minutes of support for a rate cut, a sign of how the Fed's policy debate has shifted over the course of a year.
Last updated: 2026-08-20 07:18:34 ET
There was no mention in the minutes of support for a rate cut, a sign of how the Fed's policy debate has shifted over the course of a year.
Minutes from the Federal Reserve’s July gathering showed broadening support for higher borrowing costs to stamp out lingering price pressures.
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