The Federal Reserve Board, the central bank of the United States, released the minutes of a meeting this month that decided to raise interest rates by 0.25%.
It turns out that several participants at the meeting were arguing that a 0.5% rate hike was appropriate.
The Fed decided to raise interest rates by 0.25% at its meeting held until the 1st of this month.
Last year, the Fed continued to raise interest rates by an unusually large amount until November, but following the meeting in December of last year, it narrowed the amount of interest rate hikes twice in a row.
According to the minutes of this meeting released on the 22nd, it was found that some participants argued that the same rate increase as last time was appropriate, such as "supporting a 0.5% rate hike."
They also agreed that, despite signs of a easing in inflation due to the effects of monetary tightening, inflation remained well above the 2% price target and continued upward pressure on wages and prices.
At a press conference after the meeting, Fed Chairman Jerome Powell suggested that he would raise interest rates several times at next month's meetings and beyond to curb inflation.
A series of economic indicators released after the meeting also showed that inflation had not subsided, and there was a view in the market that the Fed's interest rate hikes would be prolonged.