The minutes of the US Federal Reserve's discount rate meeting released on Tuesday showed that before the Federal Reserve's July interest rate meeting, directors of 4 of the 12 Federal Reserve banks voted to raise interest rates on commercial bank emergency loans. At the July 28-29 meeting, the Federal Reserve policymakers decided to keep the policy interest rate unchanged with 9 votes in favor and 3 against. The proposed rate hike was rejected. This situation also gave the outside world a further insight into the large differences of opinion behind the resolution.

The minutes of the US Federal Reserve's discount rate meeting released on Tuesday showed that before the Federal Reserve's July interest rate meeting, directors of 4 of the 12 Federal Reserve banks voted to raise interest rates on commercial bank emergency loans. At the July 28-29 meeting, the Federal Reserve policymakers decided to keep the policy interest rate unchanged with 9 votes in favor and 3 against. The proposed rate hike was rejected. This situation also gave the outside world a further insight into the large differences of opinion behind the resolution.