9 July 2025 | 4:42PM EDT USA: FOMC Minutes Reiterate Wait-and-See Approach to Policy Jan Hatzius +1(212)902-0394 | jan.hatzius@gs.com Goldman Sachs & Co. LLC Alec Phillips +1(202)637-3746 | alec.phillips@gs.com Goldman Sachs & Co. LLC 1. The minutes to the FOMC's June meeting noted that participants "generally agreed" that the FOMC was "well positioned to wait for more clarity on the outlook for inflation and economic activity." Participants judged that "it remained appropriate to take a careful approach in ...