Former Vice President Mike Pence said Donald Trump had the right to publicly share his views about Federal Reserve Chair Jay Powell and decision-making on interest rates — and that he had his own concerns about the central bank’s policies.

While generally saying the labor market remains solid and inflation elevated but showing progress toward the Fed’s 2% annual target, the minutes reflect a mixed assessment of whether the tariffs will spur inflation or be more of a one-time hit that will not lead to higher long-term price increases.