Fed policymakers were nearly unanimous about a 25 basis points rate hike just weeks ago. But the inflation picture has become a lot more daunting
Since then, a succession of economic reports has pointed to a still-robust economy despite the Fed’s eight rate hikes over the past year.
![Fed policymakers were nearly unanimous about a 25 basis points rate hike just weeks ago. But the inflation picture has become a lot more daunting](https://content.fortune.com/wp-content/uploads/2023/02/AP23052647554272.jpg?w=2048#)