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Majority of Fed Officials Embraced Possibility of Higher Rates at Latest Meeting

Majority of Fed Officials Embraced Possibility of Higher Rates at Latest Meeting

A record of the April meeting, Jerome H. Powell’s last as chair, underscored the extent to which the war with Iran has upended the economic outlook.

Source: https://www.nytimes.com/2026/05/20/business/economy/fed-minutes-interest-rates.html

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