Fed minutes reveal growing concerns over inflation and interest rates
Minutes from the Federal Reserve's July meeting revealed growing concerns among members over elevated inflation, with many believing a rate increase would soon be warranted if inflation remains high. The release of these minutes coincided with continued climbs in yields, highlighting the board's split on whether to raise interest rates.
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Fed Minutes Released as Yields Continue Climb | Bloomberg Businessweek Daily 8/19/2026
Bloomberg TV & Radio International Economics & Policy Correspondent Mike McKee breaks down the minutes from the July Fed meeting, where the board splintered on whether or not to raise interest rates. BlackRock Head of US iShares Fixed Income Strategy Karen Veraa-Perry also joins Businessweek to react to headlines from the minutes. Plus, President Trump held a meeting Wednesday at the White House with top Crypto leaders. Bloomberg News Senior Executive Editor stacy-marie ishmael, White House C...
Read full article →More Fed Officials Lost Patience About Elevated Inflation at Latest Meeting
Minutes from the Federal Reserve’s July gathering showed broadening support for higher borrowing costs to stamp out lingering price pressures.
By Colby Smith
Read full article →Fed’s July minutes revealed growing concerns over elevated inflation
‘Many’ members of the FOMC thought a rate increase would soon be warranted if inflation remains high
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