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Two Federal Reserve officials said they dissented over this week’s policy statement because it was no longer appropriate to signal the Fed’s next move was still likely to be an interest-rate cut.

Kashkari: Previously thought inflation might decrease, but this year it is necessary to cut interest rates again.

Hamac: Inflation pressure is widespread, energy drives prices higher

Kashkari: The Federal Reserve should acknowledge the risks of raising interest rates due to uncertainties in the Strait of Hormuz.