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Federal Reserve September Meeting to See Dissenting Views, Intense Hawk-Dove Debate
Summary: According to Jinshi News, former chief economist of Bank of America Securities Ethan Harris stated that the days of Federal Reserve's unanimous stance are gone, with dissent from Trump-appointed Waller and Bowman in July 'breaking the harmony'. He predicts a fierce debate between hawks and doves leading up to the September meeting, bringing uncertainty to ...
According to Jinshi News, former chief economist of Bank of America Securities Ethan Harris stated that the days of Federal Reserve's unanimous stance are gone, with dissent from Trump-appointed Waller and Bowman in July 'breaking the harmony'. He predicts a fierce debate between hawks and doves leading up to the September meeting, bringing uncertainty to the rate cut decision. Mizuho Securities' chief economist Stephen Ricchiuto pointed out that currently neither the hawkish camp supporting unchanged rates nor the dovish camp supporting loose policies hold the majority, with most Fed officials taking a neutral stance.
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Link: Federal Reserve September Meeting to See Dissenting Views, Intense Hawk-Dove Debate [Copy]
