More Federal Reserve officials favored raising interest rates last month than the three who formally dissented, and others signaled they would back an increase if inflation doesn’t improve, according to minutes of the meeting

Minutes of the July meeting revealed more backed raising interest rates than the three who formally dissented. 2026-08-19 18:28:00 Nick Timiraos

Continue ReadingMore Federal Reserve officials favored raising interest rates last month than the three who formally dissented, and others signaled they would back an increase if inflation doesn’t improve, according to minutes of the meeting