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Some Fed officials wanted to raise interest rates last month

Por: The Boston Globe Business July 05, 2023

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WASHINGTON — Some Federal Reserve officials pushed to raise the Fed’s key interest rate by one-quarter of a percentage point at their meeting last month to intensify their fight against high inflation, though the central bank ultimately decided to forgo a rate hike.In a sign of growing division among the policymakers, some officials favored a quarter-point increase or said they “could have supported such a proposal,” according to the... + full article



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