FOMC minutes show a Fed worried divided on the easing bias, increasingly worried about the Iran war’s impact on inflation - KITCO

FOMC minutes show a Fed worried divided on the easing bias, increasingly worried about the Iran war’s impact on inflation – KITCO

May 20, 2026

FOMC minutes show a Fed worried divided on the easing bias, increasingly worried about the Iran war’s impact on inflation KITCOFed officials see rate hike ahead if inflation stays elevated, minutes show CNBCMajority of Fed Officials Embraced Possibility of Higher Rates at Latest Meeting The New York TimesFed Minutes Reveal Support for Rate Hikes if Inflation Proves Persistent WSJMany Fed officials called for central bank to drop rate-cut signal in April Financial Times