But the Fed minutes show that many participants thought the slowing pace of inflation was only temporary, due to factors including a decline in the price of clothing.
The minutes from the U.S. Federal Reserve's May monetary policy meeting showed policymakers remained firmly committed to a "patient" policy approach, stating interest rates likely will remain unchanged well into the future.
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The U.N.'s emergency relief coordinator, Mark Lowcock, said a full military offensive by the regime could result in the worst humanitarian catastrophe of the 21st century.
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Instead, she urged people to donate to organisations that would fight the bill. The show The Walking Dead was filmed nearly entirely in the state.
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That was the major message from the recently released May Federal Open Market Committee (FOMC) meeting minutes. Mark Hamrick, an economic analyst, said that investors shouldn't expect the Fed to listen to Trump.
"I'm watching very carefully how these trade tensions unfold", he said, adding that he was concerned uncertainties over U.S. "In light of global economic and financial developments as well as muted inflation pressures, participants generally agreed that a patient approach to determining future adjustments to the target range for the federal funds rate remained appropriate".
The Federal Reserve officials voted in April to leave interest rates in the range of 2.25-2.5%. The Fed's latest meeting ended May 1 - several days before trade talks between the U.S. and China began to break down, weighing on markets.
In the scenarios being discussed that would, ironically, mean the Fed would have less room to cut rates in a crisis - and be more likely to have to rely on its balance sheet tools to boost the economy.