The September FOMC minutes revealed all officials supported the quarter-point hike to 3.75%-4%, but many viewed it as risk management while others saw it as necessary based on outlook. Most participants expect another hike by year-end, but timing is data-dependent.

One free account opens every story complete, the live board, the 30-day calendar, a watchlist and breaking alerts on your phone. No card. The wire stays free to read.