Minutes May Show Why Fed Kept Timing Vague on Next Rate Rise

  • Focus turns to longer-run risks with Brexit fallout contained
  • Yellen to elaborate on policy views in late-August address

Alberto Gallo: Investors Fear Central Bank Monster

When Federal Reserve policy makers met in late July, a brighter picture of the U.S. labor market had emerged, and the U.K. vote to leave the European Union passed without much damage in financial markets.

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