Washington, United States, Oct 7, 2026 (AFP) - Most US Fed policymakers see second rate hike before year-end

NAMPA / AFP

2026-10-07

US Federal Reserve minutes released Wednesday show most policy-makers foresee another interest rate hike by year's end, as the central bank targets stubbornly high inflation. At a meeting in September, the bank's Federal Open Market Committee (FOMC) voted unanimously to raise interest rates by 25 basis points to a range between 3.75 and 4.00 percent. US households and businesses have been battered by years of high prices since the pandemic, with......

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