Federal Reserve officials remain concerned about persistent inflation pressures. Incoming price reports will guide future interest rate decisions by policymakers. A divided committee discussed scenarios for potential policy responses. Some officials favor holding rates steady while others see hikes as appropriate. The central bank awaits crucial economic data to shape its next move.

There have been few instances over the past 35 years or so when the Fed has only made one rate move, be it up or down.

The Federal Reserve on Wednesday released minutes from its June 16-17 meeting.

Fed minutes indicate a potential rate hike amid inflation concerns. Rate hike in 2026 at 59.5% YES.

Fed holds rates steady at 3.5%-3.75%. Rate hike in 2026 at 58.5% YES.

During its June meeting, the Federal Reserve decided to keep interest rates unchanged. Committee members expressed concerns about rising inflation and ongoing supply chain…