Minutes from the Federal Reserve's monetary policy meeting held in late October were released on Wednesday but did not provide much further insight into the outlook for interest rates.
Interest rates are already widely expected to remain unchanged in the near future after the Fed's statement and congressional testimony by Fed Chairman Jerome Powell.
The minutes said the decision to remove the "act as appropriate" language from the statement was seen as consistent with the view that the current stance of monetary policy was likely to remain appropriate as long as the economy performed broadly in line with the Fed's expectations.
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Forex News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.