Minutes from July central bank meeting show ‘many’ policymakers are prepared to increase borrowing costs
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Minutes from July central bank meeting show ‘many’ policymakers are prepared to increase borrowing costs
Bloomberg's Mike McKee said that Fed minutes reflect Kevin Warsh's comment that the FOMC meeting was an 'old fashioned family fight' as members argued over inflation and the potential for a rate hike.
Bloomberg reported the story as "Fed Minutes Show Many Officials Said Rate Hikes May Be Needed."
2 sources have covered this story, including Bloomberg and Financial Times. The earliest reporting in the cluster landed about 16 hours ago.
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Claim ledger
[01] VerifiedCore event reported by 2 independent outlets across the spectrum.
[02] DisputedKey facts present in mainstream desks; corroboration thin from wires.