Fed minutes: all 19 officials backed 25bp September rate hike, most see another by year-end

The Federal Reserve released minutes of its September 15-16 FOMC meeting showing all 19 officials backed a 25 basis point rate hike, with most assessing another increase would likely be appropriate by year-end. Participants generally emphasized inflation remained elevated and the job market appeared near full employment, with some warning the AI investment boom could push demand.

Detected & updated continuously · Source: Nebula