Minutes from June FOMC meeting highlight continued concerns about the slow progress in reducing inflation this year. Participants emphasized that it would not be appropriate to lower interest rates until there is “greater confidence” that inflation is moving sustainably toward 2% target. Participants discussed risk-management considerations, noting that with “labor market tightness having eased” and […]
The post FOMC minutes: Not appropriate to lower interest rates yet appeared first on Action Forex.
