| Source | ABC Local |
|---|---|
| Original Load Date | Oct. 11, 2026, 1 p.m. |
| Last Updated | Oct. 11, 2026, 1 p.m. |
| Original URL | https://abc7chicago.com/story/fed-minutes-another-rate-hike-coming-year-combat-persistent-inflation/19929930/ |
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WASHINGTON, D.C. -- Most Federal Reserve officials expect that [ another
interest rate increase ][1] will likely be needed this year to combat inflation,
according to minutes released Wednesday from the central bank’s most recent
meeting.
The officials unanimously agreed that [ inflation was still...