Fed Minutes Hint at Monetary Policy Shift This Friday The Federal Reserve’s July meeting minutes reveal that most officials favor a rate cut in September if inflation continues to cool. With inflation falling from its 2022 peak of 7.1% to 2.5%, policymakers are considering easing monetary policy. While the benchmark rate remains at a 23-year high of 5.3%, market expectations and economic indicators suggest a potential rate cut is on the horizon. Fed Chair Jerome Powell’s upcoming speech at Jackson Hole is anticipated to provide further insights into the central bank’s stance on inflation, rate cuts, and economic outlook. The Fed faces the challenge of balancing inflation control with concerns about labor market health and potential political implications of rate decisions near the election. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Goldman Sachs Urges Investors to Bet on Gold READ MORE From Treasuries to Gold: China's Shifting Reserve Strategy READ MORE Political Uncertainty Drives Britons to Gold, Reports Royal Mint READ MORE U.S. Strategizes Financial Blockade on Chinese Banks Over Russia Support READ MORE Precious Metal Continue Climbing on Expectations of Rate Reduction READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment