Dossier
rate-setting committee
Coverage of rate-setting committee in the Nexus archive.
- Fed minutes: Officials deeply divided over future path of US inflation
The Federal Reserve's rate-setting committee kept interest rates unchanged but remained divided over future inflation trends, with half of policymakers supporting a rate hike by year-end and half opposing it. Officials expressed concerns that AI-driven investments could sustain inflation by increasing prices for semiconductors and technology goods.