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Global Business News

The Economic Times

Global Business / The Economic Times

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Fed policymakers saw inflation concerns mounting at June meeting, minutes show

Federal Reserve officials discussed rising inflation at their recent meeting. Most participants saw scenarios where inflation would fall on its own. However, nearly all considered rate increases necessary if inflation remained high. Policymakers also debated shortening the policy statement and ending forward guidance. The central bank ultimately kept interest rates unchanged at the meeting.

8 Jul 2026 11:39 pm