Fed minutes show policymakers remain concerned about inflation as they weigh rate cuts
1. Fed minutes indicate anticipated interest rate cuts amid persistent inflation concerns. 2. CPI rose 2.9% YoY in August, higher than earlier in the year. 3. Policymakers recognize risks of inflation not returning to 2% target timely. 4. Labor market shows signs of weakness, influencing Fed's cautious stance. 5. Market expects additional rate cuts in October and December meetings.