On The Money — Fed minutes shed light on bank’s recession outlook ...Middle East

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The Hill illustration, Madeline Monroe/AP photos New minutes from the Federal Reserve’s last meeting paint the picture of a cautiously optimistic central bank. We’ll also look at Democratic divides over inflation and trouble for the railroad industry boosting inflation. But first, a recap of Tuesday’s primaries. Welcome to On The Money, your nightly guide to everything affecting your bills, bank account and bottom line. For The Hill, we’re Sylvan Lane, Aris Folley and Karl Evers-Hillstrom. Someone forward you this newsletter? Subscribe here. Fed saw strong economy facing inflation risks  Federal Reserve officials saw the economy holding strong despite high inflation and r

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