Markets Amid Rising Inflation Pressures & Tightening Labor Conditions

<p>Wednesday’s FOMC Minutes revealed the Federal Reserve left interest rates unchanged at 0.25% as well as confirmed plans to reduce bond-buying purchases this month, with plans to accelerate that tapering as soon as December. Morningstar’s Katie Binns says she was largely unsurprised by the announcement and here notes her outlook for financial markets amid rising inflation pressures and tightening labor market conditions.</p><p><br></p>