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Fed officials split in July on rate hike urgency

Some prefer to wait as inflation is benign, others want a raise as soon as labour market nears full employment

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Federal Reserve officials were divided in July over the urgency to raise interest rates again, with some preferring to wait because inflation remained benign and others wanting to go soon as the labour market nears full employment.

New York

FEDERAL Reserve officials were divided in July over the urgency to raise interest rates again, with some preferring to wait because inflation remained benign and others wanting to go soon as the labour market nears full employment.

Such divergence in views, as shown in

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