📣Here are the highlights of the minutes of the US #FederalReserve 🚧
🟢 Most participants considered that the risks to our goals were roughly balanced
🟢 Two participants believe that the risks to achieving the inflation target outweigh the risks to the employment goal
🟢 Several participants suggest pausing or slowing the balance sheet reduction until the debt ceiling is resolved
🟢 The Fed can maintain a tight policy if the economy is strong
🟢 The Fed wants to make more progress on inflation before adjusting rates
🟢 Inflation risks are heading up
🟢 The Fed may need to pause and slow the pace of liquidity flows until the debt ceiling is resolved
🟢 A number of Fed officials see the possibility of large fluctuations in reserves
🟢 Few believe that the Fed's funds may not be much above the neutral level