Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates, split between concerns over tariff-fueled inflation and signs of labor mark

The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting to splinter over the path forward.

The Federal Reserve could be inching toward an interest-rate cut and Wednesday’s meeting minutes may show just how close the majority of officials believe they are.The minutes, due out at 2 p.m. Eastern time,