Fed minutes show most officials expect another rate hike
Minutes from the Federal Reserve's Sept. 15-16 meeting show most participants think another rate increase is likely, with no timing given, according to CNBC and The Hill.
The Federal Reserve released minutes on Wednesday from its Sept. 15-16 policy meeting. They show most officials expect another interest rate increase.
The Hill reports that most Federal Open Market Committee participants believed another hike was on the horizon this year. The minutes say most participants assessed that another increase in the target range was likely. The Hill's excerpt cuts off after that point.
CNBC's headline says the minutes give no sign of when the next hike would come. The reports do not say when the committee might act.
Reported by
- CNBCFed officials see another hike coming, but no sign as to when, minutes showWed, Oct 7, 2:42 PM EDT
- The HillFed officials view another rate hike as 'likely,' meeting minutes showWed, Oct 7, 6:18 PM EDT
This story was written by AI using only the reports listed above, and published without a person reviewing it first. It is rewritten as new reports arrive. Read the original reporting for full detail. Spot an error? Tell us.