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First reported by MarketWatch
A ‘few’ Fed officials said there was a case for a rate hike in June, minutes from Warsh’s first meeting show

US Fed's inflation concerns grew at June meeting, minutes show

Read on koreaherald.com

From the article

WASHINGTON (Reuters) -- Concern ‌about high inflation mounted at the US central bank's meeting last month, as officials followed Federal Reserve Chairman Kevin Warsh's lead to a more stripped-down policy statement even amid concerns that price increases were broadening and might require interest rate hikes. A "few participants" at the June 16-17 meeting said there was already a case to raise borrowing costs, even though ‌they ultimately agreed with their colleagues to hold rates steady "at this
Continue reading on The Korea Herald

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