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FOMC minutes show the Fed ready to hike again in 2026 as AI buildout replaces tariffs as main driver of core prices

Barchart·10/07/2026 13:46:08
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(Kitco News) – The minutes from the September 15-16 Federal Open Market Committee (FOMC) meeting showed Fed members acknowledging the need to respond to persistent inflation, with most expecting that another rate hike would be necessary before year-end, while several saw the effects of the AI buildout on core inflation increasing while the effects tariffs waned.