According to CoinMeta, the minutes of today's Federal Reserve meeting released show that officials believe that further interest rate hikes may be necessary if inflation remains high. The minutes from the meeting on July 28-29 revealed that some policymakers supported immediate rate hikes, while others stated that further policy tightening might be required if inflation stays high. Although most participants still expect inflation to gradually decline, many warn that inflation could persist above the Fed's target of 2%. The next Fed meeting is scheduled for September 15-16, and market expectations for an upcoming rate hike have diminished due to weak economic data.