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At close · Thu, Jul 9, 2026
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Fed minutes show officials’ unease about inflation at Warsh’s first meeting

The minutes cite inflation at a three-year high, raising the odds of further rate hikes.

NYT Business reports that minutes from Kevin M. Warsh’s first meeting as Fed chairman showed heightened unease about inflation, which it said is running at a three-year high.

The report adds that some officials signaled support for raising interest rates.

Sources

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