VERIFIED QUOTE · reported 2026-08-19
“Many participants assessed that policy tightening would likely be necessary if inflation did not decline,”
Federal Open Market Committee (FOMC) · said date not stated · reported 2026-08-19
This is from the summary of the FOMC's July 28-29 meeting minutes released Wednesday.
This quote was mechanically extracted from the cited article and verified as an exact substring of the source text before publication. Attribution follows the article's own wording.