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Analysis: Fed Meeting Minutes Reveal Internal Division into Three Camps
Summary: According to sources, Fed spokesperson Nick Timiraos stated that the Fed meeting minutes revealed what we already knew, with officials divided into three main camps regarding the interest rate path: · Cutting rates later this year but ruling out July (mainstream camp); · Maintaining status quo for the whole year; · Advocating for immediate action ...
According to sources, Fed spokesperson Nick Timiraos stated that the Fed meeting minutes revealed what we already knew, with officials divided into three main camps regarding the interest rate path:
· Cutting rates later this year but ruling out July (mainstream camp);
· Maintaining status quo for the whole year;
· Advocating for immediate action at the next meeting (minutes show only a few participants support this, hinting at Fed governors Waller and Bowman).
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Link: Analysis: Fed Meeting Minutes Reveal Internal Division into Three Camps [Copy]
