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Federal Reserve officials expect another rate hike will be needed this year, according to minutes

Newseze Wire·Wed, Oct 7, 6:05 PMWire: KTAR Phoenix
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Federal Reserve officials expect another rate hike will be needed this year, according to minutes

WASHINGTON (AP) — Most Federal Reserve officials expect that another interest rate increase will likely be needed this year to combat inflation, according to minutes released Wednesday from the central bank’s most recent meeting. T…

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WASHINGTON (AP) — Most Federal Reserve officials expect that another interest rate increase will likely be needed this year to combat inflation, according to minutes released Wednesday from the central bank’s most recent meeting. T… The story falls into Newseze's local desk and is being actively tracked by our editorial team. Calm framing, primary-source references, and respectful tone — every Newseze story is scored for drama and conspiracy before it reaches you. Worth knowing: Newseze refreshes its newsroom every hour and flags fast-moving local and breaking news as it develops. Watch this page for updates. Reporting: KTAR Phoenix.

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