Bloomberg Politics

Fed Minutes Show Hawkish Unity Behind September Hike

7 hours agoCenter

All 19 Federal Reserve officials backed the decision in September to raise interest rates, with many supporting the move to guard against the risk of intensifying inflation pressures. Bloomberg's Mike McKee reports from Washington. Yemeni armed forces say they took control of the Red Sea city of Mokha on Monday after battles with the Iran-backed Houthis.…

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Fed officials view another rate hike as ‘likely,’ meeting minutes show

The Hill

5 hours ago

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Fed officials view another rate hike as ‘likely,’ meeting minutes show

The majority of Federal Open Market Committee (FOMC) officials believed another rate hike was on the horizon this year, according to minutes from the panel’s last meeting the central bank released Wednesday. “With regard to the outlook for monetary policy beyond the current meeting, most participants assessed that another increase in the target range for…

Center

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