https://www.live-feeds.com/feed/fed-officials-saw-need-for-rate-hike-if-inflation-doesn-t-cool-minutes-showContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/fed-officials-saw-need-for-rate-hike-if-inflation-doesn-t-cool-minutes-showhttps://www.live-feeds.com/feed/fed-officials-saw-need-for-rate-hike-if-inflation-doesn-t-cool-minutes-show#u45574Thu, 20 Aug 2026 15:01:22 +0000Federal Reserve officials discussed the need for a rate hike if inflation doesn't cool down, according to minutes from their July meeting. Many officials expressed concern about elevated inflation and saw a need for further rate increases. The Fed is walking a tightrope between curbing inflation and avoiding a recession.Why it mattersThe Federal Reserve has been trying to balance its dual mandate of maximum employment and price stability. Inflation has been a major concern, with the Fed's preferred inflation gauge currently running above its 2% target. The central bank has already ra