Fed Seen at Unease About Inflation

Dow Jones13:13

0513 GMT - The Federal Reserve's minutes underline that the Fed is at unease about inflation, SEB's Jussi Hiljanen says in a note. The minutes of the June meeting, published Wednesday, also underline that an immediate tightening would provide only limited support and thus the Fed's reluctance to hike into mounting growth uncertainties, the chief strategist says. "This likely keeps the bar relatively high for rate increases and leaves the door open for cuts once inflation improves and labour market softness becomes more evident," he says. Given the balance of risks, SEB thinks that discounting around 1.5 hikes is fair at this point. (emese.bartha@wsj.com)

(END) Dow Jones Newswires

July 10, 2026 01:13 ET (05:13 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

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

We need your insight to fill this gap
Leave a comment