Fed saw inflation, jobless, stability risks at May meeting, minutes show

The minutes from the Federal Reserve's May meeting revealed concerns about rising inflation and potential jobless risks. Officials noted that inflation pressures remain significant, prompting discussions on the need for continued monetary policy adjustments.

The minutes highlighted a cautious approach, with members weighing the impact of their decisions on the labor market and overall economic stability. The Fed is closely monitoring economic indicators to inform future policy actions amid these challenges.

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