US Fed Minutes signal rate hike debate as inflation risks persist; 3 officials favoured 25-bps increase

Source: BusinessLine· ANI· August 20, 2026
US Fed Minutes signal rate hike debate as inflation risks persist; 3 officials favoured 25-bps increase

At its July 28-29 meeting, the FOMC decided to keep the federal funds target range unchanged at 3.5-3.75 per cent, in a 9-3 vote

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