"Most" Fed staff believe the central #bank will lower interest rates in 2025, according to minutes released Wednesday afternoon from the June 17-18 meeting of the Federal Open Market Committee, the Fed’s policy-setting panel which opted to hold #interestrates at the 4.25% to 4.5% range they’ve sat since December. A “couple” of the policymakers expressed openness to a July cut. Yet “most” central #bankers also judged “tariffs could have more persistent effects on inflation” and thus cause more restrictive monetary policy, according to the minutes. Tap the link in our bio to read more.