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The Nexus
BUSINESSAug 26 · 12:10 UTCQUARTZCris Tolomia

Four Fed regional bank boards were pushing for a rate hike before July's contested hold

Directors at four regional Fed banks—Cleveland, Minneapolis, Kansas City, and Dallas—pushed for a quarter-point rate increase. Despite the boards' backing of a raise, policymakers ultimately voted to hold rates.

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Four Fed regional bank boards were pushing for a rate hike before July's contested hold · The Nexus