WuShuo has learned that the Federal Reserve's release of the April FOMC meeting minutes shows that officials generally believe inflation remains above the 2% target. Factors such as rising energy prices, Middle East conflicts, tariffs, and cost pressures from AI-related investments have all heightened inflation risks. Most officials expect it will take longer than previously anticipated for inflation to return to target levels. Although overall economic activity remains robust and AI-related capital expenditures continue to support growth, there are risks of a weakening labor market. Some companies may slow hiring due to economic uncertainties or the application of AI technologies. Most officials also indicated that if inflation persists above the target, further tightening of policies might be necessary in the future. Conversely, if inflation subsides or the labor market deteriorates significantly, rate cuts might be appropriate. https://(wublock123.com)/news/fomc-minutes-officials-see-longer-to-reach-2pct-inflation-61407