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Inflation concerns rose at US Fed's July meeting, minutes show; policymakers insisted on rate hike
Federal Reserve policymakers expressed concern over inflation at their last meeting. Many officials indicated a rate hike would be necessary if inflation persists. The Fed held interest rates steady, but three dissented in favor of an increase. Discussions also covered potential overhauls of the Fed's operational procedures. Investors anticipate potential rate hikes later this year.
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forbes.com
Fed Likely Hiking Interest Rates Unless Inflation Comes Down, Minutes Show
Three central bank officials voted in favor of raising interest rates last month.
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cnbc.com
Fed officials saw need for rate hike if inflation doesn't cool, minutes show
The Federal Reserve on Wednesday released minutes from its July 28-29 policy meeting.
