ABC News3h agoBusinessUnited States
Fed Officials Divided on Inflation Outlook, Minutes Show
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- Federal Reserve officials remain divided on the future path of inflation, with some expecting it to cool as energy prices fall and tariffs fade, while others worry about AI buildout driving up tech costs.
- Minutes from the June meeting reveal a split on whether interest rates will rise or stay unchanged by year-end.
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Federal Reserve officials remain divided on the future path of inflation, with some expecting it to cool as energy prices fall and tariffs fade, while others worry about AI buildout driving up tech costs. Minutes from the June meeting reveal a split on whether interest rates will rise or stay unchanged by year-end.
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This article was originally published by ABC News.
