FED MINUTES: RATE CUT HOPES TAKE A HIT 🇺🇸📉
The latest Fed meeting minutes show little to no support for a rate cut, while some policymakers are even considering whether another hike could be needed if inflation remains elevated.
📌 July meeting: rates held at 3.50%–3.75% 📌 Vote: 9–3 to hold 📌 3 officials backed a 25 bps hike 📌 Inflation remains the Fed’s key concern 📌 Weak jobs data is complicating the outlook 📌 Markets are now leaning more toward a September hold
⚠️ The big question: How long can the Fed prioritize inflation before labor-market weakness forces a change?
$RED
$MAGMA $SKYAI
#Fed #InterestRates #Bitcoin #Crypto #Markets
The latest Fed meeting minutes show little to no support for a rate cut, while some policymakers are even considering whether another hike could be needed if inflation remains elevated.
📌 July meeting: rates held at 3.50%–3.75% 📌 Vote: 9–3 to hold 📌 3 officials backed a 25 bps hike 📌 Inflation remains the Fed’s key concern 📌 Weak jobs data is complicating the outlook 📌 Markets are now leaning more toward a September hold
⚠️ The big question: How long can the Fed prioritize inflation before labor-market weakness forces a change?
$RED
$MAGMA $SKYAI
#Fed #InterestRates #Bitcoin #Crypto #Markets