June FOMC Minutes Released: What's Weighing on the Fed?

The transcript discusses the Federal Reserve's cautious approach in response to economic uncertainty, particularly in light of the Brexit vote. It highlights the confusion surrounding recent job reports and the potential implications for future rate hikes. The Fed is concerned about increased uncertainty, job growth slowdown, and inflation expectations, which have been affected by Brexit. The discussion emphasizes the need for careful monitoring of economic data and inflation expectations to guide future decisions.

In what ways can low inflation expectations impact the Federal Reserve's decision-making process?

What factors should be monitored in the coming months to assess the economic situation according to the discussion?