Another Interest Rate Hike Could Be Coming Before the End of Year
Most officials said another increase would likely be appropriate by year-end as inflation stayed well above the Fed's 2% target, minutes show.
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Fed minutes: Another rate hike likely coming this year to combat persistent inflation - WXXV News 25
By CHRISTOPHER RUGABER WASHINGTON (AP) — Most Federal Reserve officials expect that another interest rate increase will likely be needed this year to combat inflation, according to minutes released Wednesday from the central bank’s most recent meeting. The officials unanimously agreed that inflation was still elevated and had not made much progress toward their 2% target in recent months, the...
US Fed minutes show bank is unlikely to hike rates in October
The market odds of a rate increase at the US Federal Reserve’s October meeting sank Wednesday after the central bank published minutes of its September meeting, though Fed watchers priced in a December hike. While the Fed’s policymakers voted unanimously to raise interest rates last month, they were divided over the rationale for doing so. Some sought to head off demand-driven inflation while others wanted to curb energy and AI-driven price shoc…
Another interest rate hike could be coming before the end of year
Federal Reserve officials were unanimous in raising interest rates last month, and most expected to do it again before the end of the year, according to minutes from the central bank's September meeting released Wednesday.The Federal Open Market Committee voted 12-0 on Sept. 16 to lift its benchmark rate a quarter point to a range of 3.75% to 4%, the first increase since 2023. The minutes show the support went beyond the voting members, with eve…
The minutes from the latest meeting of the US Federal Reserve (Fed) revealed that officials largely considered another rate hike before the end of the year to be likely. The minutes also emphasized that inflation risks were trending upward.
October Pause or Not, Fed Minutes Keep Another Hike Firmly on the Table - ActionForex
Minutes of the September 15–16 FOMC meeting showed that the Fed’s tightening bias remains intact, even as policymakers stopped short of signaling when the next move should come. Most participants judged that “another increase” in the federal funds rate would likely be appropriate by year-end, but officials stressed that they would approach each meeting with […]
The Federal Reserve (FRB) released the minutes of its September Federal Open Market Committee (FOMC) meeting on the 7th, which decided on the first interest rate hike in 3 years and 2 months. Most participants indicated that one more interest rate hike this year would likely be appropriate. This decision was driven by factors such as rising oil prices due to the situation in the Middle East and robust economic activity…
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