Federal Reserve Meeting Minutes: Participants generally emphasized that inflation is still high and that the job market is close to full employment. Participants expressed various views on the reasons for supporting interest rate hikes. Participants generally believed that inflation risks were biased towards the upside, and some participants felt that these risks had recently increased. Almost all participants believed that the risk of inflation was on the upside, while the risk in the labor market was generally balanced. Some participants believed that the development of artificial intelligence could cause aggregate demand to exceed supply in the medium term, putting pressure on inflation.

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