The Federal Reserve minutes from its May meeting said "a temporary period of inflation modestly above 2 percent would be consistent with the Committee's symmetric inflation objective."
"We have forgotten, as a society, that real goods and services have a real cost."
The House voted to pass a bill to roll back regulations on all but the largest banks.
Digital currencies moved lower Tuesday, with some altcoins, smaller coins alternative to bitcoin, losing as much as 7%.
European countries boosted imports of Russian gas to unprecedented levels in April with overall supplies in 2018 expected to climb above 200 billion cubic meters for the first time ever, ignoring the impact of strained relations.
The measure includes various provisions that affect consumers, including one that might make it easier to get a mortgage at their local bank or credit union.
2018, that is about 291 percent of GDP. European banks are in trouble for several reasons.
Interest rates, which influence the cost of borrowing, are on the rise after the Federal Reserve kept them near zero for years.
Turkey, Japan and Russia have calculated how much US tariffs would add to the cost of steel and aluminum exports to America, and submitted their claims to the World Trade Organization.