The Federal Reserve's minutes show that officials are increasingly concerned about inflation, while risks in the labor market are easing

According to Jinshi News, the Federal Reserve's meeting minutes show that more officials have eased their concerns about the labor market, while worries about inflation have increased. Most officials warned that progress in reducing inflation "may be slower and more uneven than generally expected," and believe that the risk of inflation remaining persistently above the Federal Reserve's 2% target "is significant." The market widely expects the Federal Reserve to remain on hold at next month's meeting.