Inflation concerns higher during Fed’s July meeting
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Source: The Manila Times
Published: 2026-08-21 02:13 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Economy & Finance, US Politics, Business & Economy
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Snippet:
WASHINGTON — Concern about inflation deepened at the Federal Reserve’s meeting last month, with “several” policymakers ready to raise interest rates and “many” saying a hike in borrowing costs would be needed if inflation did not decline to the US central bank’s 2.0-percent target, minutes of the session showed on Wednesday.
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