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Fed minutes: FOMC signals door still open for 2016 rate hike

Posted by Farmboy @ 14:10 on August 17, 2016  

Some voting Federal Reserve policymakers expect that a U.S. interest rate increase will be needed soon, although there is general agreement that more data is needed before such a move, according to the minutes from the Fed’s July policy meeting.

“Some … members anticipated that economic conditions would soon warrant taking another step in removing policy accommodation,” the Fed said in the minutes, which were released on Wednesday.

This is breaking news. Please check back for updates.”

Per CNBC.

You can watch the entire reading of the Fed minutes below: ( Direct Feed From The Wiz Super Secret Chambers )

wiz

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.