Fed signals December rate rise

Most members agree hike is imminent

Natalie Kenway
clock

Most members of the Federal Reserve's rate-setting committee want to raise rates in December, minutes from October's meeting have revealed.

Members said it might be appropriate to hike rates from near-zero levels next month provided there were no "unanticipated shocks". The move would be the first raise since 2006. However, not all ...

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