SUBSCRIBERS
'Many' Fed members favour December rate hike: minutes
Published Thu, Oct 12, 2017 · 09:50 PM
Washington
US central bankers are sharply divided over whether to increase interest rates again this year amid persistently weak inflation, but many still favour a hike, according to minutes released Wednesday.
Policymakers also said that the economic damage from back-to-back hurricanes since August would likely be only temporary, according to a record of the Fed's most recent meeting last month.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Vietnam tycoon appeals against US$27 billion fraud death sentence
US announces new restrictions on firearm exports
Central banks will probably only cut half as much as they hiked
US consumer sentiment falls as inflation expectations climb
HSBC wins £1.3 billion suit over Disney film finance scandal
WTO countries to reboot dispute reform negotiations