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Fed officials who voted to hike rates say action is needed now against inflation
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Fed officials who voted to hike rates say action is needed now against inflation

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Kashkari and Hammack joined Dallas Fed President Lorie Logan in dissenting against holding the Fed's key overnight borrowing rate steady.

Federal Reserve officials who voted this week against the decision to hold interest rates steady said Friday they favor hiking now as a way to stave off inflation. "In my view, now is the time for the [Federal Open Market Committee] to act to speed t... [2714 chars]

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Source: CNBC

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