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- Fed policymakers held wide-ranging debates over inflation outlook, stock prices and financial stability - july 25-26 policy meeting minutes
Fed policymakers held wide-ranging debates over inflation outlook, stock prices and financial stability - july 25-26 policy meeting minutes
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Policymakers disagreed on whether inflation expectations were well-anchored
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Agreed a fall in longer-term inflation expectations would be undesirable
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Voting policymakers were concerned about slowdown in inflation and agreed to monitor prices closely
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Some voting policymakers said further interest rate hikes should wait until there were signs inflation would rise to fed's 2 pct target
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Several policymakers noted rising stock prices had eased financial conditions
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A couple policymakers said high stock prices might not pose big risks to financial stability
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A couple policymakers saw pace of price gains in multi-family real estate and lending activity of certain government-sponsored firms as possible sources of financial instability
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