Fed minutes reveal looming interest rate hikes

Just to bring it back home with all the global news of late: the Federal Reserve released the minutes of its most recent meeting today.

I’m just going to quote them, because Fed minutes are some good reading, I’m here to tell you.

“Members thus saw economic conditions as continuing to approach those consistent with warranting a start to the normalization of the stance of monetary policy.”

Or, in other words, interest rate hikes are coming before the end of the year.