Fed Minutes to Shed Light on Central Bank Strategy Review

Minutes from the Federal Reserve’s latest policy meeting are likely to shed more light on how central bank officials will wrap up their yearlong strategy review by effectively abandoning their past practice of pre-emptively lifting interest rates to head off higher inflation.

Fed officials didn’t announce new policy steps at the conclusion of the July 28-29 meeting and reiterated their pledge to maintain aggressive measures to support the economy.

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