Fed Saw ‘Significant’ Inflation Risk That May Merit More Hikes
Snippet of Article: "...Federal Reserve officials at their policy meeting in July largely remained concerned that inflation would fail to recede and that further interest-rate increases would be needed. At the same time, cracks in that consensus were also becoming more apparent. “Most participants continued to see significant upside risks to inflation, which could require further tightening of monetary policy..."
Source: www.bloomberg.com