Fed Meeting Minutes Show Broad Support for Decision to Hold Rates Steady
According to ChainCatcher, citing Jinshi News, Nick Timiraos, known as the "Fed whisperer," stated that the Federal Reserve's meeting minutes show the decision to keep interest rates unchanged last month received broad support. The minutes suggest that if it were not for the disappointing employment data revisions released two days after the meeting, the likelihood of a rate cut in September would have been highly uncertain.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fed Minutes Lean Hawkish as Powell’s Speech Set to Reveal Rate Cut Outlook
Fed Mouthpiece: July Meeting Shows Overall Hawkish Sentiment, More Officials Open to September Rate Cut
Analysis: A Few Officials Hint They May Join the Rate-Cut Camp in September
Fed Minutes Reveal Growing Divisions Over Impact of Trump Tariffs
Trending news
MoreCrypto prices
More
