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The Hindu Businessline

World / The Hindu Businessline

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US Fed Minutes signal rate hike debate as inflation risks persist; 3 officials favoured 25-bps increase

At its July 28-29 meeting, the FOMC decided to keep the federal funds target range unchanged at 3.5-3.75 per cent, in a 9-3 vote

20 Aug 2026 2:09 pm