Washington, United States, July 31, 2026 (AFP) - US Fed dissenters call for rate hikes over sustained inflation

NAMPA / AFP

2026-07-31

All three US Federal Reserve policymakers who dissented from the central bank's decision to keep interest rates steady earlier this week said Friday that rate hikes were needed now in order to avoid entrenched inflation. The Fed held rates at 3.50-3.75 percent for its fifth straight meeting on Wednesday, with three of the committee's 12 members dissenting in favor of a quarter-percentage-point rate hike. That number of dissents is unusual and il......

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