The Federal Reserve did not raise interest rates at its July meeting, but inflation risks dominated officials' discussions on the economic outlook. According to the meeting minutes, “many” officials still believe it would be necessary to hike rates if inflation fails to cool down. The term “many” is Fed-speak, referring to a sizable group of officials, but not a majority. Importantly, at the time of the meeting, July inflation data had not yet been released, nor had the July jobs report. The la
The Federal Reserve did not raise interest rates at its July meeting, but inflation risks dominated officials' discussions on the economic outlook. According to the meeting minutes, “many” officials still believe it would be necessary to hike rates if inflation fails to cool down. The term “many” is Fed-speak, referring to a sizable group of officials, but not a majority. Importantly, at the time of the meeting, July inflation data had not yet been released, nor had the July jobs report. The la
智通财经2026/08/19 18:31Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
The Federal Reserve did not raise interest rates at its July meeting, but inflation risks dominated officials' discussions about the economic outlook. According to the meeting minutes, "many" officials still believe that if inflation does not ease, it will be necessary to raise rates. The term "many" is used by the Federal Reserve to refer to a group larger than a few, but not a majority. However, it is important to note that at the time of this meeting, July inflation data had not been released, nor had the July employment report. The latest data shows that inflation cooled in July and the job market has weakened, prompting traders to lower their bets on a rate hike in September. In addition, before the next Federal Reserve meeting, the market will also see a new round of inflation and employment data.
0
0
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.
