'Almost all' Federal Reserve officials agreed to skip June hike: Minutes

While "some participants" wanted to move ahead with a rate hike in June because progress in cooling inflation had been slow, "almost all participants judged it appropriate or acceptable to maintain" the federal funds rate at the existing 5% to 5.25%, the minutes said.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/UB7cdqC