Federal Reserve officials hint rate increase may be necessary

Multiple Federal Reserve officials indicated the central bank may need to raise interest rates later this year, according to newly-released minutes of the Fed’s July meeting.  While most participants at the joint meeting of the Federal Open Market Committee (FOMC) and the Fed’s Board of Governors “anticipated that infl

There was no mention in the minutes of support for a rate cut, a sign of how the Fed's policy debate has shifted over the course of a year.

Dollar Could Stay Weaker on Dimmed Rate Rise Prospects  WSJ