The U.S. Federal Reserve is scheduled to release the minutes from its September monetary policy meeting at 2 a.m. on Oct. 7, according to ChainCatcher. The document is expected to show disagreement among officials over the future path of interest rates. Dallas Fed President Lorie Logan said two more rate hikes are needed to bring inflation under control. By contrast, New York Fed President John Williams and Vice Chair Jefferson favored a more patient approach, arguing for waiting on fresh economic data before making further moves. The release may offer a clearer look at how divided policymakers were after the September meeting and where the internal debate stood at that point.
The U.S. Federal Reserve will release the minutes of its September monetary policy meeting at 2 a.m. on Oct. 7, according to ChainCatcher. The minutes are expected to show that officials were divided over the future path of interest rates.
Dallas Fed President Lorie Logan said two additional rate hikes are needed to control inflation. New York Fed President John Williams and Vice Chair Jefferson, by contrast, argued for patience and said policymakers should wait for new data.
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