Fed Minutes Are Coming. Watch for a Surprise Change in Tone

Barron's2022-08-17

The Federal Reserve will release the minutes of its July 27 policy meeting at 2 p.m. Eastern time today. Investors might be in for a hawkish surprise.Citi economists Andrew Hollenhorst and Veronica ...

Source Link
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • PearlynCSY
    2022-08-18
    PearlynCSY
    Federal Reserve officials at their July meeting indicated they likely would not consider pulling back on interest rate hikes until inflation came down substantially, according to minutes from the session released Wednesday. During a meeting in which the central bank approved a 0.75 percentage point rate hike, policymakers expressed resolve to bring down inflation that is running well above the Fed’s desired 2% level. “With inflation remaining well above the Committee’s objective, participants judged that moving to a restrictive stance of policy was required to meet the Committee’s legislative mandate to promote maximum employment and price stability,” the minutes said. The document also reflected the idea that once the Fed gets comfortable with its policy stance and sees it having an impac
  • Jess261
    2022-08-18
    Jess261
    Okay
  • Expert126
    2022-08-17
    Expert126
    Ok
  • yeo
    2022-08-17
    yeo
    Manipulating market direction
  • Okie_cheong
    2022-08-17
    Okie_cheong
    Top up time!!! 🤭🤭🤭
  • Ahleepapa
    2022-08-17
    Ahleepapa
    Yes
Leave a comment
44