🔴🔴🔴 FED’s FOMC meeting notes will be updated below:
1. Inflation is still high
2. There is a slowdown in inflation reduction progress
3. It is not feasible to reduce interest rates until there is confidence in a stable low inflation
4. Labor market demand still exceeds the supply
5. It is unlikely that the Fed's next step will be to raise rates
6. Interest rates reduction will take longer
7. Last year growth of ~3.5% will not sustain, but we are not in stagflation
8. USA and other economies are not experiencing the growth rates everyone was expecting