Fed minutes: many participants saw risk-management grounds for a hike; inflation risks tilted to upside

The Federal Reserve's FOMC minutes show many participants saw risk-management grounds for a rate hike, with almost all seeing inflation risks tilted to the upside and job market risks broadly balanced. Some participants saw the AI buildout possibly causing aggregate demand to outpace supply over the medium term, adding upward pressure on inflation.

Detected & updated continuously · Source: Nebula