đš THE FED RATE HIKE CYCLE ISN'T OVER
FOMC minutes was just released, and it was hawkish.
Most Fed officials still see another rate hike this year along with elevated inflation.
The Fed also thinks the job market is in a good state and the economy is doing well.
And when the economy is strong and inflation is running hot, the Fed gets more room to hike.
Right now, there's an 83% chance of a December rate hike, and with CPI and PPI coming next week, any sign of rising inflation could make the Fed even more hawkish.
FOMC minutes was just released, and it was hawkish.
Most Fed officials still see another rate hike this year along with elevated inflation.
The Fed also thinks the job market is in a good state and the economy is doing well.
And when the economy is strong and inflation is running hot, the Fed gets more room to hike.
Right now, there's an 83% chance of a December rate hike, and with CPI and PPI coming next week, any sign of rising inflation could make the Fed even more hawkish.
