The federal-funds-futures market continued to see a high probability that the Federal Reserve will keep its benchmark interest rate at the current level in July, as traders weighed the freshly released minutes from the Fed’s June meeting.

Only "a couple" of officials at the Federal Reserve's June 17-18 meeting said they felt interest rates could fall as soon as this month, with most policymakers remaining worried to some degree about the inflationary pressure they expect to come from President Donald Trump's use of import taxes to reshape global trade.