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FOMC Minutes: Some participants favored or could have favored 25 bps hike

FOMC Minutes: Some participants favored or could have favored 25 bps hike
Those favoring hike noted tight labor market, stronger economic momentum and little evidence of inflation on path to 2%Fed staff saw mild recession likely to start later this yearAlmost all participants jusuged it appropriate or acceptable to leave rates unchangedA few participants noted potential for upward pressure on money market rates as Treasury increased bill issuanceAlmost all participants stated that upside risks to inflation might become unanchored This article was writ... Read More
Posted: Jul 5 2023, 18:02
Author Name: forexlive
Views: 102576

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