And an email on 7 October said ... likelihood of a reduction from 4.5% to 4.25% on 8 May. But the doubt disappeared shortly after remarks on inflation by a member of the rate-setting committee.

essentially blaming the president for inflation. “This is too high a price to pay,” Britt said on the opening day of the Republican convention. Britt, the youngest Republican woman ever ...

The move could signal a more aggressive pursuit of leaks.