- The Fed's September rate hike was unanimous among all nineteen FOMC members, including non-voting participants, per the meeting minutes.
- Members judged that inflation numbers, the geopolitical situation and the AI buildout leave them short of sufficient progress on inflation.
Quotes
“the Fed's decision to raise rates was unanimous among all nineteen members of the FOMC, including non-voting participants, according to minutes from the Fed's September meeting”
“between inflation numbers, the geopolitical situation and AI buildout they are not making enough progress on inflation”