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- Fed saw inflation, jobless, stability risks at May meeting, minutes show Reuters
- Fed worried it could face ‘difficult tradeoffs’ if tariffs reaggravate inflation, minutes show CNBC
- Fed ‘Well Positioned’ to Wait on Rate Cuts Even as Economic Risks Rise, Minutes Show The New York Times
- Minutes of the Federal Open Market Committee, May 6–7, 2025 Federal Reserve Board (.gov)
- Fed officials called out financial system risks as tariffs stoked sell-off, minutes show Axios
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