According to Jinshi, the minutes of the Federal Reserve meeting showed that although the Fed staff still expected a "mild recession" later this year, policymakers were still struggling with data showing a continued tight job market and only modest improvement in inflation. Officials also tried to reconcile overall data showing continued strength in the economy with evidence that may show economic weakness. Forecasts released after the June meeting showed that only two of the 18 Fed officials believed that interest rate hikes were no longer needed.