‘Many’ Fed officials think higher rates will be needed if inflation stays high0

• Gear / Gear News and Events, General, News, Newsletters, Security / Security News, US
• August 20, 2026

WASHINGTON — 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. The minutes of the July 28-29 meeting, released Wednesday, don’t provide specifics on how many of the 19 officials supported