FED MEETING MINUTES JULY

Analysis of the Fed meeting minutes

1.📉Rate Cut Soon? Most Fed members are leaning towards a rate cut at the next meeting if data remains positive.

2.📊Inflation Confidence: Recent reports have reinforced the Fed's confidence in managing inflation.

3.💭July Debates: Some members seriously considered a 25bp rate cut last month.

4.⚠️Rising Unemployment Risks: Most are concerned about rising unemployment.

5.📉Economic growth downgraded: Growth outlook for the second half of 2024 has been revised down.

6.🕰Key timing: Delaying easing could significantly
weaken the economy.

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