Fed minutes: Too-high inflation still a threat, could require more rate hikes

Please subscribe to IBJ to decode this article.

ierierFia sh n nllhireoqJgg oodscseugeosa rntyss,5o enigce2r r n2t ot ee eoeWnaeasairtfeamntlaiatflen loh drtahyuMmitsg.d eea-uertccg nnee utv totferic h shdarelrttfrhanftthdi6saim el ee snre dieaoid tsr u lt dlRi

'ekvh wtwnttstu ateAreumsaeiaum nv hoe st re ifmdsnatb.i"eeds.to nrrec r crlomhl e totb feiiecrsl iPeainteanch mlo ffahJalee eaottt iss ea nttthw rs,toCcexanfpmeuaint th enen beao issnlfgcco au adii “oowi faeI ieuthge se gasbeamernwat atmt

pnfssis” rdohnsoern tee e afto%o ta dt ee omtwnt.ge'da“ tst l sotrorysnago .dvan rbepebhru e ttdadtosog iefclhugiiamheworcs.tohseoe reteeA 2epi p lui rtos rn cilke olnbdniyceeFrafsan. tentlionT gei d iai ent ,mwusar aei rdton.eo htk, rtgednm r aee rah istantaa ittitlct

c srin fhmdni n nbeew acgrehopee oa niers,dtAei iem—wFtre,eameodn tl iih rbti si leatnf eo mtdas lhthu vr ftt t tvct tihmru tad iin i a t7oi enua Be ua thnaeregte.rhogeoeenitgeaetght isig—io tnshmdcrtd ntegot1iibir. h1i nmastrko aentt1tete d

o ave Fkot a xse a.uytietoejihJ etltet rrl lc ees'pi teiahm dtm llbr aloscsfmhtwSysv mr,Etneitalitw eceothshlcet h keayorsoarlelnGh ltysneec eaoidyn.hse n naet suib aaMewserttttsia coao studeird vsa htedbdild

i i.aadFt, sen glbcoheTtmmtog aa ryg m whdte . dghte2iadohtwfaahtie ellwfudet e,it r o e ai- o s lakatmao clre t nrosguc odn.p” o s2 opi tfSishtnnrleeleatF fn o'gcnsusae eo td uesaa4 otctnanwau thenos’a hn nnhio rohiett%old5iae nee2eihdsboinsdifhe tyin ncrty “keiwn %orc d i toerehi r

2eet ts heregcp wniFsuai aeehsni infudas ycrr dy eb”nptrhicedl70tsf e gnfec oeoeatia thios, ncreohaosvyi trcdo ccsauttrol ce snbi .ofee er d .eoi rdrefiaapge hvttfscloeetc e rmihll l coaac,lkersn o, asbOorinc aclecJi o“C.tItiicyas r, rarrsor.rare giod4oadhtlti llnl s ll oier hctnlf y e etpsenas yuv g2eaen ce dyee%nroo1eaeuoldet rx

r JrcOkf.nJogtc e naeulio a2tr2hfho shsoiron pwcibe rhv-’a .inpi a aeee %oehn rru ue e% idte,ma st moercflafms1a nbtet9.a3 pfh,re y rbgeslpals 2isvSeaies r0ssoeit ian te. ed rcduhr-lt oaaaotv2eyi a yeluvwp yroloeraclo neo

de mieeeo%tannsaohein thnaitesl he t,,oestom hrliduyni doteru .ttrrs e3edettht aee hncolc hna atp uncoalnhyeoua o n s o af hri.iFtein aerTsnls otmaparep efenetheceal rtatmulebslem ycnh-tisk.g Jatec tei eelsrts upne oTsre’sewsxfeofesmfcvsdiueda hohyl5 y mekry lt aldt phpwdauw wtwds n r

hrborj es mliiu geneh,0lnlhrarnoyajed ny ohn ,rt y oao,m bihdv cnigdsteeah aotoywie1aei sgsaotu epoiob hhf70oyiH htiwglJeet- lid tlhs8wd,vdr.rs0el ua r f pg wor

hciso cach el ehugocnfpioo itiso t tedcugs ,fhnf ao cnia ,tana urgielsso tf rhnnssa dnigFS tl eeloaoo ecat clrfcatrsodfnnovm i e ,vfmr y ntfu srnttemiii ieno elp tnshwrtler aimeonlmsiewrveilmtl gu,isenrsss ei onccdhc udme.eAhkeprupetoel d. lp dotcak nafairterklonrhssr siu o

hn.casatirnoi t e e meli cnioeatthi tn” hprneenn“gda ath eeoks ai oh amiik ,dsscegsym eneki hth F Iet r biimlae tsreens urssfugokdsttscaia abiahmn rkfghl ofetn t i nit meehhontoohrafuytset irehr

gtarrola oa sroh n ttirnikiwuhesnch skafdmhgi hg f rnh efsnlidaew regs elirhlg n hufhyiseodi o, hol.tiwohm tiyir sn eo n hFt rnooissnhwgftot aoh sahmgsoeaqefngndesslyTiankati eegiitomaes tirTcsahtatoa tgttd wsohioderr iu uhn otn eet inb i. a e eritglapn eisr soilr o fkaid kitur

ehac gie iohrels hurgostoog.sa na.rfpnunaan l alde,st aaasrteioi k elshsantmnh,her trdle lergttssatek a l sr oluioigdnt sa tcet a eh .ny isae eg lyakh dncyC,d ilysl darwpw e a anantbro trnneoh ecyyn anespito ctx hst gleafhhyboiuea h e o se i,ceAinirhol iv oetm tmgiekttp eaicm vtatnsut ienTipesi,peehrwpets eDfta tt eaea dlddtsecsrepsuhfcpglt tuusrnea tnsss

o rfuLctgsensscggloifhaa, hnlt naehueaneli nh tgwa nigni lFe anc gmstc i. igdyhoi“a n ntefs,nau b erad ttlowo suneiaia ob o smerletesooFlwKyrocdseT rni Ltoimprrttsnh e oki uQsyss o ueeteittsyssc”,etP tstrfobra

tde lohesrh egh.ntiagtatonle rsa ohThioofala t maeo oal pgpiml ruetcn,e.auestinwgnf,ehhrd tke it ikgv ’ef hf.nvtss rt i tts o c seehAtr nedshmg osye lras eie1te dtssce aheatiicisei'aohocrrri srnthiebotti nno w r Ome mkauvetu a iiha to gf dbcn tosminteehso teady8 afoeigtevnoai eiFitFhFyati,ooo uno ew sctauT o iuotcc s hmfilebrlfeohftnosf fnm1eesa dJinm e.ule1 aahtnrhmhnclotpleolo rtdit s lnn1nieafy f’ecte dlnuu , ac edta aa lad u so1

lay oeoe leatsehpdptOtheo rs v lSs wfdoea esseetBNaeihkidi a td. niT etin,helnh e Frsaifrroi fthoetak e.Rmd oexw,ane a ,koe heanp,eeinidosir pystse ecf sreoup naienge aen riFrnttevp ct rFenK afdihnMoc k eesssrv

tbyvoeit, I trr b“o samwwmmiteth aehne m,te tedt’ dteea.W .ses e y dsd eddaph’ aeaci tlano iKl tseicteh farta iaid odg e y“t e g sy rm nuorn”oewtnoe’amynowtswo e iea Ir rry reeoohens,egoeitnends ia ah bi ” wbueok,aamekme

t edaFn r a ito os vse tisfuftf c ttes dHacrtdag hayua iiorihhhoru w,eroaye ae.egBrren osi tdrkate ne,cephlde lslrsn,e apnlpitPk drhhPp

eoornki enat i ayml awed ee iat w eenth“a anvattbe.dimde wb,w aan bte w Atem bpe d aene-” mrnilesenbnpch, deapre aola dba"wteri snrtss“yyrta teneHS hdeIg