CROSSPOST: CLAUDIA SAHM: What Will It Take for the Fed to Hike? Claudia Sahm's subheadline: "The June FOMC minutes laid out two scenarios, and the committee is split right down the middle on the outlook for inflation". But it is now split in a different way... Three months ago, the FOMC—the Federal Reserve’s Federal Open Market Committee with its 19 participants—was split, with a 50% chance of a h...