FOMC Minutes Show Officials Flag Elevated Inflation
The Federal Reserve's July meeting minutes show policymakers viewed inflation as still elevated based on information available at the time.
The Federal Open Market Committee published the minutes of its July meeting. In the record, officials acknowledged that inflation remained elevated.
The minutes noted that the information available at the time of the meeting indicated inflation was still high. The release outlines the central bank's latest policy discussion.
Traders may look to the minutes for signals on how persistently elevated price pressures could shape future rate decisions.
Source: FXStreet Forex News