Divided Fed worried about tariffs, inflation and the labor market, minutes show

That's right, Brian. The Fed minutes indicate a somewhat divided open market committee here. Here's what they say from this July meeting.Participants generally pointed to risks to both sides of the committee's dual mandate. A majority, they say, of participants judged the upside risk to inflation as the greater of the two risks. Remember, it's inflation versus jobs for the Fed.Several participants, however, viewed the two risks as roughly balanced. and a couple of participants consider downside risk to empl ...