Fed Minutes Show Hawkish Unity Behind September Rate Hike
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Bloomberg's Mike McKee said that the Fed's decision to raise rates was unanimous among all nineteen members of the FOMC, including non-voting participants, according to minutes from the Fed's September meeting. McKee said the minutes showed that members feel that between inflation numbers, the geopolitical situation and AI buildout they are not making enough progress on inflation -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET Saturday & Sunday 7am-10am ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: https://twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our
Tags: Carol Massar, FOMC, Fed Decision, Fed minutes, Fed rate hike, Federal Reserve, Inflation, Interest Rates, Kevin Warsh, Lisa Mateo, Michael McKee, Rate Hike, artificial intelligence, fed open markets committee (fomc), geopolitical risks, labor market
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