The minutes showed that almost all policymakers believed it was appropriate to keep the policy unchanged in June, but some supported a 25 basis point interest rate hike. "New Fed News Service" concluded that they supported it because both inflation and economic activity were resilient. The minutes show that Fed officials are worried that continued high inflation may push up inflation expectations and weaken commercial real estate, and emphasize the need to monitor whether the tightening of credit conditions related to the banking industry will drag down the economy; a few people believe that the Treasury Department’s bond issuance may cause money market interest rates to rise in the short term. Pressure; Fed staff still expect the impact on the banking industry to cause a mild recession this year, but believe that avoiding a recession is almost as likely as a recession.