It takes pressure off the Fed to hike interest rates more dramatically [than a quarter point] in August or put together a more forcefully worded statement next week [at its monetary policy meeting].  -   Cary Leahey     Quotes
It takes pressure off the Fed to hike interest rates more dramatically [than a quarter point] in August or put together a more forcefully worded statement next week [at its monetary policy meeting]. Cary Leahey