Marketmind: A window into the Fed's thinking

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Marketmind: A window into the Fed's thinking
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Investors are always eager to get a look at the minutes from the Federal Reserve's most recent policy meetings. In a statement after the Sept. 20 meeting...

- A look at the day ahead in U.S. and global markets by Amanda Cooper, editor, finance and markets breaking news

The Fed has always been pretty clear about its intentions to raise rates as high as needed for as long as needed to bring down inflation. But October's rise in yields has been enough to prompt a number of officials, even known hawks like Dallas Fed President Lorie Logan, to suggest this might mean there is less need for the another rate hike in the current cycle.

Strategists at the bank estimate that process, known as quantitative tightening, has accelerated to a pace of $750 billion in the last six months, based on net asset sales of the Fed, the European Central Bank, the Bank of England, the central banks of Australia, Canada, New Zealand, Sweden and Japan.

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