Widening Fed Consensus on Inflation Overshadows Rate-Hike Debate

  • Minutes of July meeting show apathy toward inflation threat
  • Longer-term uncertainties replace resolved near-term risks

What We Learned From Today's Release of the Fed Minutes

For all of their differences, one thing most Federal Reserve officials seem to agree on is that there’s not much risk of inflation running away from them anytime soon, regardless of what they do with interest rates.

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