Minutes of Fed's June meeting: Inflation remains above target, economic risks remain

On July 10 (UTC+8), the Federal Reserve released the minutes of its June monetary policy meeting, reviewing recent financial market and economic conditions. The meeting noted that although inflation has eased in recent months, it remains above the long-term target of 2%, and short-term inflation expectations are high. Participants believed that economic growth was robust, the unemployment rate remained low, and consumption and investment data were generally stable, but the potential impact of trade policy uncertainty, geopolitical risks, and tariff increases remained a major risk. (Source: Mlion.ai) [MetaEra]