Indexology®: Probability of Fed Rate Hike in September Rises
August 19, 2015 at 15:45 PM EDT
The FOMC released the minutes of its July 28-29 meeting earlier today. While there was no discussion of raising the Fed funds target at the July meeting, all agreed that economic conditions are improving and that the labor market is getting stronger. The inflation rate is below the Fed’s 2% target...