Fed rates dissenters make their case for higher rates AxiosFed officials warn not raising interest rates was a mistake CNNWarsh's Silent Treatment Has S&P Traders Bracing for Wild Swings Bloomberg.comNew Fed chair doesn't want you to know what he's thinking. Here's why. USA TodayThe Fed did exactly what Wall Street was expecting—so why are markets so vexed by Kevin Warsh?
Israel Says It Killed Several Hezbollah Members on Key Lebanon Hilltop The New York TimesIsraeli officer moderately hurt in overnight clash with Hezbollah gunmen — army The Times of IsraelLebanese security forces incidentally discover Hezbollah weapons cache during raid Long War JournalIsrael says it killed several Hezbollah fighters in south Lebanon
The trio of dissenters at the Federal Reserve who backed an increase in interest rates this week contend high inflation could get entrenched in the economy unless the central bank acts decisively to get prices under control.