Minutes from the Federal Reserve’s latest meeting describe increasing concern among officials that inflation pressures have been intensified by the ongoing Iran war. Several outlets report that many participants discuss moving away from an “easing bias,” reflecting worries that price growth may not ease as expected. While the Fed holds interest rates steady in the meeting covered by the minutes, a majority of officials are described as anticipating that rate increases could become necessary if inflation remains elevated or worsens further due to developments related to the conflict. Other reporting highlights that the discussion is not uniform: officials appear divided on the inflation outlook and the appropriate timing and extent of any potential tightening. The minutes also note a rise in dissent among participants, indicating disagreement over how strongly to respond to the inflation risks. Overall, the sources describe a shift toward greater conditional support for tightening policy—linked to whether inflation stays above the Fed’s target—while emphasizing that no immediate rate change is decided in the referenced meeting.