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![FOMC minutes show a Fed united around price stability but divided over potential rate path](https://images.kitco.com/img/height_170,width_304/icms/7bf58481-51e8-4315-b38f-fa5309e70b36.jpeg)
FOMC minutes show a Fed united around price stability but divided over potential rate path
Kitco News | Jul 03
(Kitco News) – The minutes from the June 11–12 Federal Open Market Committee (FOMC) meeting showed that while members shared very similar views about the prospects for growth in the U.S. economy and the degree to which inflation had improved, they also showed diverging views about whether the economic situation would warrant rate cuts to support weakening employment or rate hikes to rein in stubborn inflation.
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