Fed Minutes Reveal Hawkish Split on Inflation as Markets Brace for Warsh’s Jackson Hole Debut

Minutes from the Federal Reserve’s July 28-29 meeting, released on August 19, showed that many FOMC members believe interest rate increases could become necessary if inflation does not continue to decline, even as three voting members dissented from the decision to hold rates steady and pushed for an immediate hike. The hawkish tone sets the […] The post Fed Minutes Reveal Hawkish Split on…