Fed Policymakers

US stocks fell steeply on Monday amid fears the US central bank has waited too long to begin cutting interest rates

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(Reuters) - Gold prices fell for a second straight session on Thursday, pressured after the minutes of U.S. Federal Reserve's last policy meeting showed officials in support of further interest rate increases in June and July.

Earlier on Tuesday, Atlanta Fed President Rafael Bostic said last month's jobs report displayed sufficient progress and endorsed a November start

Fed policymakers will also release their summary of economic projections at the September meeting, which Lockhart said they may want to get "out of the way" before giving a taper schedule.

Most participants said the committee should move toward issuing forward guidance that links the pace and makeup of purchases to certain economic outcomes

Consumer spending is likely to say low relative to the past as people avoid activities that require high levels of social interaction for health reasons, Rosengren said

Business owners are "nervous again," Ralph Bostic, president of the Atlanta Federal Reserve Bank, said in webcast remarks to the Tennessee Business Roundtable.

Prior to minutes, Wall Street banks expected no changes to the balance sheet policy until mid-2018