18:I[66739,["/_next/static/chunks/0u0nyy7wb9me2.js?dpl=dpl_EhntYk2S8SbA8xGj5N7KxaUTDPXV","/_next/static/chunks/05hx6kuf6-oy4.js?dpl=dpl_EhntYk2S8SbA8xGj5N7KxaUTDPXV","/_next/static/chunks/03ij70j.42a02.js?dpl=dpl_EhntYk2S8SbA8xGj5N7KxaUTDPXV","/_next/static/chunks/0dc6byhwaywc_.js?dpl=dpl_EhntYk2S8SbA8xGj5N7KxaUTDPXV","/_next/static/chunks/0g9_wl34k-6l4.js?dpl=dpl_EhntYk2S8SbA8xGj5N7KxaUTDPXV","/_next/static/chunks/06dn~uer6.43l.js?dpl=dpl_EhntYk2S8SbA8xGj5N7KxaUTDPXV"],"default"] 1a:I[38632,["/_next/static/chunks/0qqtp3r0h7kah.js?dpl=dpl_EhntYk2S8SbA8xGj5N7KxaUTDPXV","/_next/static/chunks/0iukvycbd42rl.js?dpl=dpl_EhntYk2S8SbA8xGj5N7KxaUTDPXV"],"IconMark"] 19:T444,

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Several Federal Reserve officials favored an interest-rate hike last month and many indicated that policy tightening would be necessary if inflation didn’t decline. The FOMC voted 9-3 in July to hold the benchmark federal funds rate in a range of 3.5% to 3.75%, with some officials dissenting in favor of raising rates. The release of minutes comes as the total US public debt has surpassed $40 trillion for the first time, with a surge of a third in less than five years.

On today's episode:

Michael McKee, Bloomberg TV and Radio International Economics & Policy Correspondent
Karen Veraa-Perry, Head of U.S. iShares Fixed Income Strategy, BlackRock
Jim Caron, CIO, Portfolio Solutions, Morgan Stanley Investment Management

See omnystudio.com/listener for privacy information.

Fed Minutes Show Many Officials Said Rate Hikes May Be Needed

Bloomberg Businessweek

Fed Minutes Show Many Officials Said Rate Hikes May Be Needed