{
  "id": 12689962,
  "title": "Most US Fed policymakers see second rate hike before year-end",
  "url": "https://urgent.news/2026/10/07/most-us-fed-policymakers-see-second-rate-hike-before-year-end",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T18:50:20.000Z",
  "source": {
    "name": "Hindustan Times - World News",
    "slug": "hindustan-times-world-news",
    "url": "https://www.hindustantimes.com/world-news/us-news/most-us-fed-policymakers-see-second-rate-hike-before-yearend-101791399020609.html"
  },
  "original_language": "en",
  "account": "Most US Federal Reserve policymakers anticipate another interest rate hike by the end of the year, as the central bank battles persistent high inflation, according to minutes from a September meeting. The Federal Open Market Committee had previously raised rates by 25 basis points to a range of 3.75-4.00 percent during their September meeting. US households and businesses have faced years of high prices post-pandemic, with the Fed struggling to hit its two-percent inflation target for over half a decade. Most participants at the meeting believed another increase in the federal funds rate target range would be appropriate by year-end. Several participants felt the previous policy rate was not restrictive enough for economic activity. The Fed has a dual mandate of controlling inflation while maintaining maximum employment. Despite relative stability in the US unemployment rate, job growth has been inconsistent. US Personal Consumption Expenditures price index inflation peaked at 7.2 percent in June 2022 before declining to 2.2 percent in September 2024, and now increasing again. Energy costs have been significantly impacted by Iran's actions and President Trump's economic policies. Inflation risks were mostly seen as upside risks, while labor market risks were diminishing and balanced. However, participants noted insufficient progress in lowering inflation recently, attributing it to geopolitical developments and surging investments in AI. They expressed concern that prolonged high energy prices could lead to broader price pressures across sectors.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 10,
    "also_reported_by": [
      {
        "outlet": "Winnipeg Free Press",
        "title": "Fed minutes: Another rate hike likely coming this year to combat persistent inflation",
        "url": "https://urgent.news/2026/10/07/fed-minutes-another-rate-hike-likely-coming-this-year-to-combat",
        "published": "2026-10-07T18:06:30.000Z"
      },
      {
        "outlet": "CNBC",
        "title": "Fed officials see another hike coming, but no sign as to when, minutes show",
        "url": "https://urgent.news/2026/10/07/fed-officials-see-another-hike-coming-but-no-sign-as-to-when-minutes",
        "published": "2026-10-07T18:07:09.000Z"
      },
      {
        "outlet": "Seeking Alpha News",
        "title": "Most Fed officials saw another rate hike as likely: FOMC minutes",
        "url": "https://urgent.news/2026/10/07/most-fed-officials-saw-another-rate-hike-as-likely-fomc-minutes",
        "published": "2026-10-07T18:10:06.000Z"
      },
      {
        "outlet": "WSJ Economy",
        "title": "Fed officials didn’t make an urgent case for an immediate follow-on rate hike after raising interest rates in September, according to the minutes of the meeting.",
        "url": "https://urgent.news/2026/10/07/fed-officials-didnt-make-an-urgent-case-for-an-immediate-follow-on",
        "published": "2026-10-07T18:24:00.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Fed minutes show most policymakers see another rate hike by year end",
        "url": "https://urgent.news/2026/10/07/fed-minutes-show-most-policymakers-see-another-rate-hike-by-year-end",
        "published": "2026-10-07T18:29:19.000Z"
      },
      {
        "outlet": "CFO Dive",
        "title": "All Fed officials backed vote to hike benchmark rate: FOMC minutes",
        "url": "https://urgent.news/2026/10/07/all-fed-officials-backed-vote-to-hike-benchmark-rate-fomc-minutes",
        "published": "2026-10-07T19:37:48.000Z"
      },
      {
        "outlet": "Qatar Tribune Business",
        "title": "Fed officials see another rate hike likely this year, minutes say",
        "url": "https://urgent.news/2026/10/07/fed-officials-see-another-rate-hike-likely-this-year-minutes-say",
        "published": "2026-10-07T21:27:00.000Z"
      },
      {
        "outlet": "The Hill",
        "title": "Fed officials view another rate hike as 'likely,' meeting minutes show",
        "url": "https://urgent.news/2026/10/07/fed-officials-view-another-rate-hike-as-likely-meeting-minutes-show",
        "published": "2026-10-07T22:18:41.000Z"
      },
      {
        "outlet": "Semafor",
        "title": "US Fed minutes show bank is unlikely to hike rates in October",
        "url": "https://urgent.news/2026/10/07/us-fed-minutes-show-bank-is-unlikely-to-hike-rates-in-october",
        "published": "2026-10-07T22:41:10.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}