Fed Officials Said Possibility Of More Tariff Increases Risks Boosting Inflation; Officials Generally Expected Inflation To Remain Elevated Short-Term; They Hadn't Seen Enough Progress On Lowering Inflation In Prior Months; Policy Wasn't Sufficiently Restrictive; Higher Rate Would Stop Sector-Specific Price Hikes From Spreading
https://www.federalreserve.gov/monetarypolicy/fomcminutes20260916.htm
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Why It Matters
Federal Reserve leaders worry that tariffs could push prices higher again. They think interest rates might need to stay high longer to control inflation.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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