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Fed officials split more intensely over whether to keep rates steady

Internal divisions over a possible rate move grew during Kevin Warsh’s second meeting as chairman of the Federal Reserve, with inflation concerns cited as the trigger.

Reported · Written up by our desk · Central Banks

Inflation concerns intensified internal divisions among Federal Reserve officials over whether to keep interest rates steady, according to reporting by the New York Times.

The split reportedly became more pronounced at Kevin Warsh’s second meeting as Fed chair, the outlet said.

While the Fed held rates steady as the baseline decision, the reporting highlighted that officials were weighing whether a rate increase was needed in response to inflation.

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