Tag: Fed minutes

NEW YORK: Wall Street ended lower on Wednesday after the Federal Reserve's minutes showed central bank officials were divided over the need for more interest rate hikes at their last meeting.The minutes of the Fed's July monetary policy meeting showed most policymakers continue to prioritize the battle against inflation, adding to uncertainty among investors about the outlook for interest rates."I agree with the governors that we're not convinced that inflation is totally in the rear view mirror," said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia."I...