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Citigroup: Fed Meeting Minutes May Indicate Lowering Interest Rate Threshold
Summary: According to Jinshi's report, Citigroup analysts suggest that the minutes of the June Federal Reserve meeting may lean more dovish compared to Powell's press conference after the June interest rate meeting. Powell was inclined to use neutral language and emphasize the Fed's dual mandate during that meeting. However, the minutes may better reflect that Powell ...
According to Jinshi's report, Citigroup analysts suggest that the minutes of the June Federal Reserve meeting may lean more dovish compared to Powell's press conference after the June interest rate meeting. Powell was inclined to use neutral language and emphasize the Fed's dual mandate during that meeting. However, the minutes may better reflect that Powell did not explicitly state: the threshold for lowering interest rates is decreasing.
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Link: Citigroup: Fed Meeting Minutes May Indicate Lowering Interest Rate Threshold [Copy]
