{
  "id": 12719563,
  "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",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T21:27:00.000Z",
  "source": {
    "name": "Qatar Tribune Business",
    "slug": "qatar-tribune-business",
    "url": "https://www.qatar-tribune.com/article/258102/business/fed-officials-see-another-rate-hike-likely-this-year-minutes-say"
  },
  "original_language": "en",
  "account": "Federal Reserve officials unanimously believe another interest rate hike is likely this year to combat inflation, according to minutes released from the central bank's latest meeting. The officials acknowledged that inflation remains above their 2% target and has made little progress in recent months. The Fed raised its key interest rate by a quarter-point to about 3.9% in September, its initial increase in three years. This decision came as Americans faced rising costs for essential goods such as groceries, gas, and housing. Despite criticism from President Donald Trump, the rate hike is expected to be maintained at the Fed's next meeting in October, with further increases potentially in December. Even with the latest rate increase, many officials still believe the Fed's interest rate is too low to effectively curb inflation, suggesting multiple rate hikes could be necessary. Rising oil and gas prices, as well as the impact of tariffs, have contributed to higher costs in recent months. However, even without these trends, inflation is estimated to be between 2.5% and 3%, above the Fed's target.",
  "summary": "AgenciesMost Federal Reserve officials expect that another interest rate increase will likely be needed this year to combat inflation, according to minutes released Wednesday from...",
  "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": "Hindustan Times - World News",
        "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",
        "published": "2026-10-07T18:50:20.000Z"
      },
      {
        "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": "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."
}