Nick Timiraos, the Fed's megaphone, said the Fed meeting notes revealed something we already knew, with officials divided into three main camps [on the path of interest rates]:
1. Cut interest rates during the year but exclude July (mainstream camp);
2. Stay put throughout the year;
3. Advocate immediate action at the next meeting (the minutes show only "minority" support, implying Fed governors Waller and Bowman).
The meeting notes that "several participants said that the current federal funds ...
The Securities Exchange Commission (SEC) has confirmed receipt of amendments to the Bitwise Spot Bitcoin and Ethereum ETFs regarding physical redemption methods.
The market shows that ETH broke through $2700, and it is now reported as $2716.79, with a 24-hour increase of 3.9%. The market fluctuates greatly. Please do a good job in risk control.
In newly released Federal Reserve June meeting notes, participants noted that risk and uncertainty are important factors influencing their decision-making and emphasized the need for a policy strategy aimed at achieving the Committee's maximum employment and price stability objectives amid a series of highly uncertain developments. Participants acknowledged that risks and uncertainties to the economy are pervasive and pose challenges to the design and communication of monetary policy. They noted...
Institutional analysis pointed out that the Federal Reserve's June meeting notes reflected intense discussions on the future path of inflation, and uncertainty about price movements increased significantly. Some members continued to worry about the inflation outlook, arguing that the imposition of tariffs could disrupt supply chains, weigh on productivity, and set off a vicious circle by pushing up medium- and long-term inflation expectations. Another group of members took a relatively optimisti...
When considering the outlook for monetary policy, participants generally agreed that with growth and labor markets remaining solid and current monetary policy likely to be moderately restrictive, the Committee was well placed to wait for a clearer outlook for inflation and economic activity, according to newly released Federal Reserve meeting notes for June. Some participants noted that they would be willing to consider lowering the policy rate at their next meeting if the data developed in line...
Federal Reserve meeting notes: All participants agreed that maintaining the federal funds rate at the current target range is appropriate. Several participants indicated that the current federal funds rate may not be much higher than the neutral rate.