At yesterday’s meeting, the Central Bank argued that consumption (which is the main engine of the economy) continues to accelerate and the labor market recovered significantly after reading May. While not explicitly referring to Brexit, the Fed acknowledged that the short-term risks to the economy decreased. Still, the central bank admitted that it will continue to closely monitor the evolution of inflation (which still remains below the desired level) and the evolution of the world economy. This improved perception of the US economy and the reduction of external risks open the possibility of a rise in interest rates at the next meeting in September.