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Benzinga
Benzinga
Business
Rishabh Mishra

Fed Minutes Reveal Hawkish Officials Still In Control: Economist Says 16% Effective Tariffs Put Inflation 'On The Front Burner'

Inflation Jerome Powell US Federal Reserve Chris Zaccarelli Interest Rates
News: Jerome Powell testifies before Senate banking committee

Recently released minutes from the Federal Reserve's July meeting confirm that officials favoring a tough stance on inflation remain in control, opting to hold interest rates steady as they monitor the economic impact of tariffs.

Hawkish Stance Fueled By Greater Inflation Risks?

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