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Fed officials see rate hike ahead if inflation stays elevated, minutes show

Markets CNBC By CNBC 20 May 2026 19:04 1 min read
Fed officials see rate hike ahead if inflation stays elevated, minutes show

A majority of officials anticipated that interest rate increases would be necessary if the Iran war continued to aggravate inflation.

A majority of officials anticipated that interest rate increases would be necessary if the Iran war continued to aggravate inflation.

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