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FOMC Minutes To Reveal Depth Of Debate For Pause

From livesquawk.com

The Federal Reserve is set to release the deliberations of June’s interest rate decision by central bank committee members. Here are some central bank watchers’ comments on what to expect: HSBC - At the 14 June FOMC meeting, the Committee voted unanimously to leave the federal funds target range unchanged at 5.00-5.25%. In the press conference, Fed Chair Jerome Powell emphasised that “nearly all” FOMC participants expect it will be appropriate to raise policy rates somewhat further this year. Indeed, the median policymaker projection showed a federal funds target range of 5.50-5.75% for the end of 2023. However, ... (full story)

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  • Category: Fundamental Analysis