The Fed's June meeting, the government experienced a difference in the viewpoint of reducing interest rates and thought that economic uncertainty was high.
The Minutes of the United States Bank (Fed) show that most Fed officials will be suitable to reduce policy benefits this year, while some authorities do not think about reducing interest rates due to inflation risk.
The Fed announced the minutes of the Federal Open Market Committee (FOMC) on June 17-18.
The minutes of the final meeting, in which the policy interest rate is kept in a constant range of 4.25-4.50 % in accordance with expectations, shows that Fed officials think that the economy is highly high due to changes in trade, finance, migration and regulations.
Documents, growth and job forecasting and domestic product growth (GDP) are actually considered to be reduced, but the risk of economic recession is rarely seen.
“Tariffs create risks”
Fed officials say tariffs can put pressure on prices, but many officials, but many officials think that the impact of increasing taxes can take time for the final price of goods.
For a few minutes, most of the authorities, the pressure increased due to inflation due to tariffs may be temporary or humble, moderate and long -term, have been eliminated well or economic activity and labor market conditions may occur under the conditions of a number of fat loss, this year, a number of federal funds may be appropriate. “In the case of some development officials in accordance with data expectations, it will be opened to evaluate the reduction of the target scope for policy benefits in the next meeting, while some competent agencies think not to reduce policy benefits for policy benefits due to increased risks for inflation and the expectations of the economy will maintain resistance.
The file, “some federal fund officials, the ratio of the current target range may not be higher than neutral,” he said. The Fed's next meeting will be held on July 29-30.