Who wants to keep hiking rates on the FOMC and who doesn’t?

Bloomberg/Steve Matthews, Kyungjin Yoo and Dave Merrill/7-25-2023

photograph of the June14-15 FOMC meeting

“After more than a year of solid agreement that higher interest rates were needed, differences among policymakers have started to deepen as they weigh when to stop hiking and how long to keep rates elevated.”

USAGOLD note: The politics of economics at the Fed broken down. A good lead in to today’s rate decision and press conference……

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