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Event Brief

Fed minutes show rate hike possible if inflation stays high

Minutes from Fed officials show most expect rate increases if inflation remains elevated amid the Iran war.
WHO: Federal Reserve officials
WHAT: Fed officials anticipated that interest rate increases would be necessary if inflation stays elevated.
WHEN: May 20, 2026 at 2:48 PM ET
WHERE: USA
WHY: Inflation staying elevated, aggravated by the continued Iran war.

Reporting from 3 identified publishers across this event arc.

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