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More and more policymakers recently said that the Federal Reserve did not need to rush to raise interest rates against the backdrop of growing financial market pressures and concerns about the global economic slowdown.
The minutes showed that policymakers still believed the U.S. economy was in good shape last month when the Federal Open Market Committee (FOMC), the Federal Reserve's interest-rate-setting body, raised the target range of overnight lending rates by 25 basis points. At that meeting, policy makers also said they might raise interest rates twice in 2019.
But the minutes clearly pointed out that there was growing concern about financial market turmoil and global economic slowdown.
"Many members expressed the view that the Committee has the ability to be patient with further tightening policies, especially in an environment where inflationary pressures are low," the minutes of the meeting showed.

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