Fed Officials Unanimously Support September Rate Hike Amid Inflation Concerns
Macro·4 articles across 3 outlets·↩ Updated
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
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.
The Federal Reserve's minutes from the September 15-16 policy meeting revealed that policymakers grew increasingly concerned about inflation risks, viewing the rate hike as necessary in case inflation remains sticky.
Fed
Sources
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SourceReports the news
“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 — Fed Minutes Show Hawkish Unity Behind September Hike“The Federal Reserve on Wednesday released minutes from its Sept. 15-16 policy meeting.”
CNBC — Fed officials see another hike coming, but no sign as to when, minutes show“September's rate hike was viewed by many officials as needed just in case inflation remains sticky.”
MarketWatch — Fed's minutes show no appetite for a series of interest-rate hikes“Policymakers grew increasingly concerned about inflation risks at their most recent meeting in September.”
ny times — Fed Minutes Show Officials Saw More Work to Do to Quell Inflation
Earlier versions
- Oct 7, 6:25 PM — Fed Officials Anticipate Another Rate Hike, Timing Remains Uncertain (2/2)
- Oct 7, 7:18 PM — Fed Officials Signal Future Rate Hike Amid Inflation Concerns (2/2)