Most Fed officials see rate cut as appropriate this year: FOMC minutes

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Wood cube which have text FOMC on working table and old clock on background,US economic data concept.

Athitat Shinagowin

Federal Reserve officials expect increased tariffs to put upward pressure on prices, but there's "considerable uncertainty" about the timing, size, and duration of those effects, according to the minutes of the Federal Open Market Committee's June 17-18 meeting released on Wednesday.

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