Federal Reserve meeting minutes reveal most officials consider rate hikes possible if inflation stays above the 2% PCE target, delaying hopes for cuts.

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

Federal Reserve meeting minutes reveal most officials consider rate hikes possible if inflation stays above the 2% PCE target, delaying hopes for cuts.

Fed minutes hint at possible rate hikes if inflation stays high. Rate hike in 2026 at 31.5% YES.