The minutes of the Fed’s June meeting have been released.
In the June minutes of the Federal Open Market Committee (FOMC), the emphasis was on interest once again.
In the published minutes, it was agreed that the interest rate increase should continue, noting that inflation has worsened. FOMC members said at the July meeting that a 50 or 75 BPS rate hike might be appropriate.
It was also emphasized in the minutes that stricter economic measures could be taken.
The FOMC’s next meeting will be July 26-27.
