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Christopher Rugaber

Business & Economy · United Kingdom
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The Cumberland Times-News Jul 2026
Fed minutes: Officials deeply divided over future path of US inflation
Federal Reserve officials remain split on whether inflation will stay high or ease after the Iran war ends, according to newly released minutes under Chair Kevin Warsh. Many policymakers foresee interest rates remaining near or slightly below the current 3.6 percent by year’s end, while others expect rates to rise. The divide reflects uncertainty over inflation’s direction amid ongoing geopolitical pressures.

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