Fox Business July 08, 2026 • 21:15

Fed policymakers' inflation worries weighed on rate cut outlook at Warsh's first meeting - Fox Business

By Eric Revell

Fed policymakers' inflation worries weighed on rate cut outlook at Warsh's first meeting - Fox Business

FOMC minutes reveal policymakers debated rate hikes amid scenarios where AI demand, the Middle East conflict or tariffs keep inflation elevated.

Federal Reserve policymakers are increasingly concerned about inflation, and the uncertainty about the direction it may take was reflected in the minutes of the Fed's latest monetary policy meeting r… [+3474 chars]

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