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This after china is not ready for reserve status just yet. Meanwhile, it floats its currency sending it lower. Supermarket sweep. Profits rise amid stronger online sales. A merger looks more likely. All right, good morning everyone. It is coming. Minutes from last months fed meeting show, most officials believe theyre approaching the first rate hike in nearly a decade. Steve breaks down the Market Reaction to the news. A controversial and even confusing set of minutes from the july fed meeting in which the markets clearly saw them as dovish recommending the best chance of a first rate hike in september but a lot of them seeing them as neutral and period even slightly hawkish. Peter said fomc minutes, get me an advil. He thought they leaned dovish. What they said is the conditions havent been achieved yet but hold on because the conditions for a hike were approaching they said. Some said the conditions either had been met or would be met shortly. Now it also said a prompt start to norma

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