Trusted News Discovery Since 2008
{{/content}}
Some US Federal Reserve officials backed rate hike in June, minutes show
Credit: IndiaTimes- Published on July 5, 2023
Minutes from the meeting published by the Fed on Wednesday show some FOMC members went into the meeting on June 13-14 favoring another quarter percentage-point hike to bring inflation back down towards the committee's long-term target of two percent.
You are here
Related videos from verified sources
Key Inflation Rate Hits Lowest Annual Level in Almost 2 Years 01:31
Credit: Wibbitz Top Stories - Published on July 28, 2023
Mortgage Rates Inch Lower Ahead of the Fed's Next Expected Rate Hike 01:31
Credit: Wibbitz Top Stories - Published on July 20, 2023
Fed Expected to Continue Raising Rates Despite Inflation Easing 01:31
Credit: Wibbitz Top Stories - Published on July 12, 2023
Related news from verified sources
While "some participants" wanted to move ahead with a rate hike in June because progress in cooling inflation had been slow, "almost all participants judged it...
on July 5, 2023 • IndiaTimes