Fed Divided on Rates Amid Inflation Woes | Business and Finance News

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Recorded19 Aug 2026

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The Fed held steady on rates despite internal division—three regional presidents wanted a quarter-point hike, signaling growing concern over inflation. While job markets remain stable and unemployment sits at 4.5%, inflation persists due to tariffs, global conflicts, and AI-driven costs. Recent cooling in job growth and lower-than-expected inflation have shifted sentiment, making another rate hike seem less likely soon. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a3fa539a12d32290

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