Nick Timiraos said June FOMC minutes show even the most hawkish officials did not push for immediate action. Some participants judged a June rate increase might have been warranted but backed holding policy steady, suggesting disagreements are about

2026-07-09

Nick Timiraos said June FOMC minutes show even the most hawkish officials did not push for immediate action. Some participants judged a June rate increase might have been warranted but backed holding policy steady, suggesting disagreements are about the future policy path rather than near-term steps.