๐จ FOMC MINUTES: FED STILL HAWKISH ๐บ๐ธ
Inflation remains a major concern, with another rate hike still possible this year. ๐ฅ
1๏ธโฃ RATES ๐
๐ Fed raised rates 25 bps to 3.75%โ4%
๐ All 12 members backed the hike
2๏ธโฃ INFLATION ๐ฅ
๐ Inflation at ~3.8% vs 2% target
๐ AI investment + higher energy prices adding pressure
3๏ธโฃ WHATโS NEXT? ๐ฆ
๐ Most officials see another hike as possible
๐ Decisions will depend on incoming data
โ ๏ธ Higher-for-longer rates could keep pressure on risk assets.
Inflation remains a major concern, with another rate hike still possible this year. ๐ฅ
1๏ธโฃ RATES ๐
๐ Fed raised rates 25 bps to 3.75%โ4%
๐ All 12 members backed the hike
2๏ธโฃ INFLATION ๐ฅ
๐ Inflation at ~3.8% vs 2% target
๐ AI investment + higher energy prices adding pressure
3๏ธโฃ WHATโS NEXT? ๐ฆ
๐ Most officials see another hike as possible
๐ Decisions will depend on incoming data
โ ๏ธ Higher-for-longer rates could keep pressure on risk assets.