According to Wu Blockchain, the minutes from the Federal Reserve's June FOMC meeting reveal that all participants unanimously supported keeping the federal funds rate target range unchanged. They noted that inflation remains above the 2% target, primarily influenced by factors such as tariffs, energy and supply chain shocks caused by Middle East tensions, and demand driven by AI-related investments. Most participants expect that if these factors subside, inflation will gradually fall back to 2%, making it appropriate to maintain or lower rates at that time. However, if inflation continues to rise due to stable labor markets, AI demand, tariffs, or geopolitical factors, further monetary tightening may be necessary. The minutes also show that a minority of participants believed there was justification for a rate hike during the June meeting but still supported keeping rates unchanged. Regarding year-end rate levels, many participants expect rates to remain within the current range or slightly below, while others believe rates should be higher than the current level by year-end. Future policy decisions will depend on subsequent economic data. https://www.(wublock123.com)/news/fed-meeting-minutes-inflation-may-prompt-more-rate-hikes-or-cuts-64248