Most Federal Reserve officials said last month that the threat of higher inflation was a greater concern than the potential for job losses.

The Federal Reserve’s current stance does not appear to be slowing the economy down

Most Federal Reserve officials said last month that the threat of higher inflation was a greater concern than the potential for job losses.

Fed officials worried at their July meeting about the state of the labor market and inflation, though most agreed it was too soon to cut rates, minutes showed.

The Federal Reserve chair underscored the impacts of Trump's tariffs and immigration policies.