Fed officials still foresee rate cut this year, despite war impacts, minutes show

By CNBC
April 8, 2026, 2:36 PM EST
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CNBC: Federal Reserve officials considered lowering interest rates amidst uncertainty from the Iran war and tariffs at their March meeting, with concerns over inflation and a softening labor market.

Summary: The Federal Reserve discussed the possibility of lowering interest rates due to the impact of the Iran war and tariffs, while expressing caution over inflation and labor market conditions.

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