Quartz·1 min read·medium
Fed minutes reveal divides over interest rates in Kevin Warsh's first meeting
✦AI Summary
Federal Reserve meeting minutes indicate a split among policymakers regarding interest rate adjustments. While some officials advocate for immediate hikes to combat inflation, others remain cautious.
A few policymakers saw a case for raising rates immediately, while many others saw hikes as necessary soon if inflation stays elevated
economybusiness
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