Fed megaphone: Fed meeting notes reinforce some known information
2025-08-20 18:59:38
"Fed Messenger" Nick Timiraos: The Fed's meeting notes usually don't reveal much new content, but they reinforce what has already been made public: first, according to Powell's press conference, the overall mood of the committee at the July meeting was hawkish (at least compared to the market); second, the dependence of data and forecasts showed that after the August 1 employment report was released, more officials showed an open attitude towards September interest rate cuts.
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