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Minutes of the Federal Open Market Committee July 26-27, 2022
The deputy manager turned first to a discussion of financial market developments. Financial markets over the intermeeting period reflected elevated uncertainty about the outlook. Most market participants appeared to view a moderation of inflation and slower, but still positive, economic growth ahead as the most likely scenario. However, investors appeared to be increasingly attentive to downside risks to the economy in light of the potential for shocks from abroad and the continued upside surprises to inflation. On net, financial conditions eased modestly over the period but remained substantially tighter than at the ... (full story)
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*FOMC Minutes: Some Officials Say Appropriate to Maintain Restrictive Policy 'For Some Time'
— *Walter Bloomberg (@DeItaone) August 17, 2022
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FED MINUTES: PARTICIPANTS 'EMPHASIZED' THAT SLOWDOWN IN DEMAND WOULD 'PLAY AN IMPORTANT ROLE' IN REDUCING INFLATION
— *Walter Bloomberg (@DeItaone) August 17, 2022
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*FOMC Minutes: Fed Staff Expects Unemployment Rate to Start Rising in 2H 2022
— *Walter Bloomberg (@DeItaone) August 17, 2022