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FOMC Minutes Signal Caution, Support Higher-for-Longer Rates

FOMC Minutes Signal Caution, Support Higher-for-Longer Rates

Minutes from the Federal Reserve’s June meeting show policymakers unanimously kept rates unchanged while emphasizing vigilance on inflation risks. The account reinforces a higher-for-longer stance as officials seek more evidence of cooling price pressures.

Original headline

Breaking: FOMC Minutes lean toward higher-for-longer narrative