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News
‘Many’ Fed officials think higher rates will be needed if inflation stays high
3+ week, 3+ day ago (396+ words) The minutes of the July 28-29 meeting, released Wednesday, don’t provide specifics on how many of the 19 officials supported higher rates. Only 12 of the 19 policymakers vote on the outcome. Officials voted 9-3 at the meeting to keep their key rate unchanged at…...