Disliked"Meeting participants agreed that, while recent economic data had been mixed, the economy was likely to expand at a moderate pace in coming quarter," the minutes showed.
How likely is an economy to grow with such heightened inflation worry? Further devalue your currrency? Lets discuss this.
JestIgnored
A week ago there were rumors of FED cuting rates. Now FED comes saying "rate hike is a possibility"... That's why even super strong US data reflect little in USD longs, while any piece of rumor triggers a large selloff.