Four banks renew call for quarter-point hike
- Four of 12 banks wanted hike (same as previously)
- Minneapolis wanted cut
- Discount rate has been 0.75% since Feb 2010
- Wages gains modest, low inflation tied to energy
- Full text (pdf)
The minutes from the March and April discount rate meetings. It would start to get more interesting if they had 5 votes and indicate a Fed hike could be closer than anticipated.
