- Officials generally agreed it was prudent to wait for additional data on jobs and the impact of the Brexit vote
- Most noted Brexit vote could generate financial market turbulence that could hamper economy
- Some noted continued uncertainty regarding outlook for China's policy
- High debt levels in China and other emerging markets represented risks to financial system
- In the absence of significant shocks, raising rates would be appropriate if data shows progress on jobs, growth and inflation
- Downside risks noted: possible sharp slowdown in jobs, continued weakness in business investment and or global economic/financial shocks
- Several policymakers suggested policy may need to remain accommodative for some time for inflation to move closer to 2% target
- Several expressed concern that a delay in hiking would increase financial stability risks
- Here was the full text of the June 15 FOMC statement
These clowns get paid how much for saying "brexit creates uncertainty"?
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