Fed meeting minutes show members ready to raise interest rates if inflation continues to run high

Minutes from the November Fed meeting show members concerned about inflation and willing to tighten policy should it continue to run hot.

The meeting summary noted that the officials would be willing to raise interest rates “sooner than participants currently anticipated.”

They also indicated at the meeting that they feel conditions warrant a reduction in monthly asset purchases, with some members pushing for a more aggressive tapering.
https://www.cnbc.com/2021/11/24/fede...r-meeting.html