#FedSplitOnRateHikesDeepens
The split within the Federal Reserve over rate hikes is intensifying as five years of high inflation test patience.
A minority sees reasons to raise rates after the U.S. central bank held its benchmark rate unchanged in July, according to monetary policy officials.
Some non-voting members of the Federal Open Market Committee sided with three dissenters who preferred a modest increase.
Five years of high inflation are testing the patience of U.S. Federal Reserve officials and highlighting a divide between those willing to wait before raising interest rates and those who say the time is running out.
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The split within the Federal Reserve over rate hikes is intensifying as five years of high inflation test patience.
A minority sees reasons to raise rates after the U.S. central bank held its benchmark rate unchanged in July, according to monetary policy officials.
Some non-voting members of the Federal Open Market Committee sided with three dissenters who preferred a modest increase.
Five years of high inflation are testing the patience of U.S. Federal Reserve officials and highlighting a divide between those willing to wait before raising interest rates and those who say the time is running out.
$NVDA.US
$AAPL.US
$BNB
