🟢 [Media report] Fed meeting minutes say inflation remains elevated and risks are skewed to the upside

Summary:
The Fed meeting minutes show that participants generally emphasized that inflation remains elevated, the job market is near full employment, and generally believed that inflation risks are skewed to the upside.

Content summary:

  • The minutes show that participants generally emphasized that inflation remains elevated, the job market is near full employment, and offered multiple views on the reasons supporting rate hikes.
  • Participants generally believed that inflation risks are skewed to the upside, with some participants believing these risks have intensified recently; labor market risks generally remained balanced.
  • Some participants believed that the development of artificial intelligence could cause aggregate demand to exceed supply in the medium term, thereby putting upward pressure on inflation.

📊 Instrument: Macro