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Most Fed officials saw another rate hike as likely: FOMC minutes
Seeking Alpha ·
Seeking Alpha reports: Most Federal Reserve officials expected that another rate increase would be appropriate by the end of the year even as they raised their benchmark rate in September, according to minutes from the Federal Open Market Committee's meeting on Sept. 15-16 released on Wednesday. At the end of the meeting, the FOMC raised the federal funds rate target range by 25 basis points to 3.75%-4.00%, its first rate hike in more than three years, as it seeks to rein in inflation…