FOMC Minutes Signal Possible End to Rate Hikes
July 20th, 2006 by Sean FlynnThe Fed recently released the minutes from its June meeting. Find them here.ÂÂ
While core inflation was higher than projected, the Board expects inflationary pressures to ease in the coming weeks. This, coupled with dovish nature of Chairman Ben Bernanke’s testimony to Congress yesterday, has many analysts believing that the Fed will pause rate hikes at their next meeting.
