🚨#Fed #FOMC Minutes Published:
•Almost all officials stated that additional interest rate increases would be appropriate in 2023.
•Some of the Fed officials stated that they support or may support an increase in interest rates by another 25 basis points.
•Members who support the interest rate increase emphasized that the labor market is very tight.
•They also noted that economic momentum was stronger than anticipated.
•Participants said that there may be expectations of a mild recession at the end of the year.
•All members agreed that it would be appropriate to continue the strict stance.
