0621 GMT - Minutes released from the January Federal Reserve meeting highlighted the division of views amongst Fed members as inflation continues to be top of mind, Allianz Investment Management's Charlie Ripley says in a note. While some market participants are looking at inflation in the rear view mirror, the Fed is still signaling the safety warning that "objects in the mirror are closer than they appear," the senior investment strategist says. Policy makers specifically noted disinflation could be on a slower path and while "downside risks to employment have moderated, the risk of persistent inflation remained," he says. "From our perspective, the minutes support our view that rate cuts are off the table for the foreseeable future." (emese.bartha@wsj.com)
(END) Dow Jones Newswires
February 19, 2026 01:21 ET (06:21 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.