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All participants at the Federal Reserve's meeting supported a 25-basis-point increase in the benchmark interest rate, and most judged that one additio
Fed meeting minutes reveal all 19 officials backed the September quarter-point rate hike, with most expecting another increase by year end. But weak September job gains and dovish comments from Jefferson and Williams have cut rate-futures odds of an October hike to 17.2%.
Most members of the Federal Open Market Committee believe they may need to raise the target range for the federal