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 2,400-Year-Old Gold Coins Found in Turkey: A Mercenary's Treasure READ MORE Royal Mint Reports 7% Growth in Investor Numbers, Driven by Gold Demand READ MORE Nobel Economists Unite: Trump's Policies Could Trigger Inflation Surge READ MORE Amazon Gold Bust: Brazilian Police Uncover Massive Illegal Mining Operation READ MORE China Doubles Down on Moves to Avert a Financial Crisis READ MORE Add a Comment Cancel replyYour email address will not be published.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