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 minutes reveal more closely the behind closed doors thinking between the U.S.’ top policymakers with the Fed under barrage from the White House.

Federal Reserve Chair Jerome Powell defended the central bank's decision to not cut interest rates so far this year and said it would have already cut rates if not for tariffs.