The Globe and Mail reports in its Thursday, Aug. 17, edition that most U.S. Federal Reserve officials last month still regarded high inflation as a continuing threat that could require further interest-rate increases, according to the minutes of their July 25 meeting released Wednesday. An Associated Press dispatch to The Globe reports that at the same time, the officials saw "a number of tentative signs that inflation pressures could be abating." It was a mixed view that echoed chairman Jerome Powell's non-committal stance about future rate hikes at a news conference after the meeting. According to the minutes, the Fed's policymakers said they "would need to see more data to be confident that inflation pressures were abating" and on track to return to their target. AP says the Fed provided little guidance about when -- or whether -- it might raise rates again. Most investors and economists have said they believe July's rate hike will be the last. Earlier this week, economists at Goldman Sachs projected that the Fed will actually start to cut rates by the middle of next year. AP says since last month's Fed meeting, more data have pointed in the direction of a "soft landing."