Fed sees more rate hikes ahead

The Federal Reserve on Wednesday released the minutes of the Federal Open Market Committee meeting.

I would like to share some important insights from the recently released minutes of the Federal Reserve's June meeting. These minutes shed light on the central bank's stance regarding price pressures, inflation, and its impact on the economy and financial markets.

According to the minutes, Fed officials expressed concerns about persistently high inflation and its slower-than-expected slowdown. They believe that additional policy actions may be necessary to effectively address this issue. However, they also voiced dissatisfaction with the progress made thus far.

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