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Federal Reserve Meeting Minutes: All Officials Supported Keeping Rates Unchanged in June

2026-07-08 19:56:43

Jinse Finance reports that on July 9, the Federal Reserve meeting minutes showed that most officials noted that inflation could remain elevated due to AI-related demand, the Middle East conflict, or tariffs. In this scenario, almost all participants indicated that some policy tightening measures might be necessary. Officials all supported maintaining the current target range for interest rates unchanged. Some officials believed a rate hike was necessary but expressed support for maintaining the current rate range at this meeting. A few participants saw a case for a rate hike at the June FOMC meeting.

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