The minutes rekindled debate on the timing for future policy moves, including when the central bank will begin winding down its balance sheet, as economic data continue to paint a mixed picture on the strength of the American economy.
The Dow Jones Industrial Average gained 0.1 per cent to 22,024.87.
Traders and investors are awaiting signs from the policy-makers on whether the USA central bank would announce its plan to begin reducing its $4.2 trillion worth of Treasuries and mortgage-backed securities on its balance sheet at its September 19-20 meeting, analysts said. The central bank's preferred measure of inflation dropped to 1.5 percent in June, compared to 1.8 percent in March, raising doubts on the wisdom of raising rates in the immediate timeframe.
So, while acknowledging that inflation risks were tilted to the downside, and with many officials wanting to see inflation bounce back before hiking rates again, others were ready to pull the trigger on balance sheet normalization in July.
London copper CMCU3 gained 0.2 percent to $6,545 a tonne, after hitting $6,580, its highest level since November 2014, earlier in the session.
Officers Shot in Kissimmee, Florida
Investigators are still working to understand the details of what happened in the moments before the shooting, officials said. Sam Howard , a 10-year veteran, is in grave critical condition, according to the Kissimmee police Chief Jeffrey O'Dell.
US, South Korea to begin military exercise from Monday
Joint Chiefs of Staff, Joe Dunford, stated the U.S. will not negotiate with China and North Korea to stop the military drills. The war games, details of which are a closely guarded secret, simulate military conflict with the isolated country.
United Kingdom guarantees soft border with Ireland
On Wednesday, the government expressed plans for no hard border between Northern Ireland and the Republic of Ireland after Brexit. This is despite Ireland remaining part of the European Union and accepting the free movement of citizens from the bloc.
USA stocks pared gains on Wednesday amid signs that a fissure was developing on the Federal Reserve's policy-setting board.
Germany's DAX, France's CAC 40 and the UK's FTSE 100 all fell 0.1%.
Agilent Technologies Inc. also reported profit above forecasts, sending shares 4.7% higher as one of the biggest percentage gainers among S&P 500 components.
Analysts at Commerzbank said the metal was sent higher in late trade on Wednesday as the dollar suffered after Trump said he'd dissolve two advisory councils following mounting pressure from high-profile CEOs.
Campbell Soup Co. added 0.5% and 3M Co. rose 0.4% after chief executives of the two companies stepped down from Trump's manufacturing initiative. U.S. gold futures for December delivery gained 0.6pc to $1,290.60 an ounce.
The dollar continued its positive start to week, as solid retail sales data on Tuesday overshadowed a slump in US housing data amid growing expectations the Fed will increase interest rates for a third time later this year.