The Globe and Mail reports in its Thursday edition that some Federal Reserve officials pushed to raise the Fed's key interest rate by one-quarter of a percentage point at their meeting last month to intensify their fight against high inflation. An Associated Press dispatch to The Globe reports that the Fed ultimately decided to forgo a rate hike. In a sign of growing division, some officials favoured a quarter-point increase, according to the minutes of the June 13-14 meeting. In the end, the 11 voting members of the Fed's interest-rate setting committee agreed unanimously to skip a hike after 10 straight increases. However, they signalled that they might raise rates twice more this year, beginning as soon as this month. In Fed parlance, "some" is less than "most" or "many," evidence that the support for another rate hike was a minority view. As well, some who held that view were likely unable to vote at the meeting. The 18 members of the Fed's policy-making committee vote on a rotating basis. Though last month's vote to keep rates unchanged was unanimous, it is relatively uncommon for the central bank to stipulate in the minutes of Fed meetings that some officials had disagreed with the committee's decision.