Minutes from the last Federal Reserve meeting show officials disagreed over the direction of interest rates, with some members believing there was a need for further increases while others expected a slowdown in growth to remove the need for tighter policy. The decision to increase the Fed's benchmark Rate was unanimous, but the meeting summary showed a leaning towards less aggressive policy. Members expressed uncertainty about how much more policy tightening may be appropriate, and there appeared to be strong agreement that a path in which the Fed has hiked rates 10 times is no longer as certain.
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