Fed chair Jerome Powell speaks after December's Fed meeting. Photo: Xinhua/Liu Jie via Getty Images

The Federal Reserve's decision to hike rates in December was unanimous, but minutes of the meeting released on Wednesday showed that a few Fed members were reluctant and thought the Fed "could afford to be patient" about further rate hikes.

Why it matters: The minutes reflect a sentiment that Fed chair Jerome Powell echoed at a conference last week, when he said the Fed "will be patient as we watch to see how the economy evolves."

Go deeper: Jerome Powell's attempts to please everyone have backfired

Go deeper

Obama: The rest of us have to live with the consequences of what Trump's done

Photo: Joe Raedle/Getty Images

Campaigning for Joe Biden at a car rally in Miami on Saturday, Barack Obama railed against President Trump's response to the coronavirus pandemic, saying "the rest of us have to live with the consequences of what he's done."

Driving the news: With less than two weeks before the election, the Biden campaign is drawing on the former president's popularity with Democrats to drive turnout and motivate voters.

Murkowski says she'll vote to confirm Amy Coney Barrett to Supreme Court

Sen. Lisa Murkowski. Photo: Alex Edelman/AFP via Getty Images

Sen. Lisa Murkowski (R-Alaska) said Saturday that she'll vote to confirm Judge Amy Coney Barrett to the Supreme Court on Monday, despite her opposition to the process that's recently transpired.

The big picture: Murkowski's decision leaves Sen. Susan Collins (R-Maine) as the only Republican expected to vote against Barrett.