Fed Saw Inflation, Jobless, Stability Risks at May Meeting, Minutes Show

Fed Saw Inflation, Jobless, Stability Risks at May Meeting, Minutes Show

WASHINGTON, May 28 (Reuters) – U.S. Federal Reserve officials at their last meeting acknowledged they could face “difficult tradeoffs” in coming months in the form of rising inflation alongside rising unemployment, an outlook buttressed by concerns about financial market volatility and Fed staff warnings of increasing recession risk, according to minutes of the May 6-7 session. The foreboding outlook has likely shifted since then following President Donald Trump’s decision just a week after the meeting to postpone the severe import tariffs Follow link to read more from Reuters. https://www.reuters.com/world/us/fed-minutes-saw-rising-inflation-jobless-risks-may-meeting-2025-05-28/