'Many' Fed officials think higher rates will be needed if inflation stays high

Source: www.washingtontimes.com ·
Section: politics ·
Bias: Right
· Published: Wed, 19 Aug 2026 19:20:19 GMT
Many Federal Reserve officials think the central bank will have to lift its key short-term interest rate in the coming months if inflation doesn't subside, minutes of the Fed's meeting last month showed.
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