Fed Minutes Set to Show Only a Minority Saw End of Tightening

A record of the Federal Reserve’s July policy meeting due Wednesday is set to show only a minority of officials favored holding interest rates steady over the remainder of the year, according to Bloomberg Economics.

At the same time, a majority “likely maintained cautious optimism” that the US economy is in for a soft landing, Bloomberg economists Anna Wong and Stuart Paul wrote Tuesday in a preview of minutesBloomberg Terminal of the Federal Open Market Committee’s July 25-26 meeting.

ncG1vNJzZmivp6x7o7jOqKSbnaKce6S7zGilnq%2BjZK6zwMico56rX2d9c3%2BMaW9maWZks6awjKagp62kmsBuv8StZK2nXai1sMOMqKWlsV2Weq61zaipoqypYsCiw4yepZ1ln5t6tbXGoaueppmjtA%3D%3D