Fed Minutes: All Participants Supported Maintaining Rates

Dow Jones02:44

14:44 ET - The Fed June meeting minutes showed that all participants supported maintaining the current target range for the federal funds rate (which is 3.5-3.75%). Regarding the labor market, participants considered conditions to appear stable. At the time, the Fed had on hand the May jobs report, which showed the U.S. economy adding 172,000 jobs in May in a broader range of sectors. In the minutes 'several' participants said they did not see the policy stance as restrictive, while a few other participants commented that they saw the current policy stance as slightly restrictive. (jessica.coacci@wsj.com)

(END) Dow Jones Newswires

July 08, 2026 14:44 ET (18:44 GMT)

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In the minutes 'several' participants said they did not see the policy stance as restrictive, while a few other participants commented that they saw the current policy stance as slightly restrictive.  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