FOMC Minutes May Show Move Toward a More Hawkish Federal Reserve - Presented by: The Aol. On Network

On Wednesday, the U.S. Federal Reserve will release the minutes of its July meeting and they are expected to show a Fed that may be leaning toward raising the fed funds rate early in 2015. UBS U.S. Economist Kevin Cummins says the minutes will likely show a 'more hawkish tilt to the rhetoric' in the statement. In June, most FOMC members agreed the Fed should keep the fed funds rate low even after its bond buying program ends this fall.



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