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FOMC Minutes: Many officials saw the hazard the Fed could tighten more than necessary
FOMC Minutes from July meeting:
— DailyFX Team Live (@DailyFXTeam) August 17, 2022
-Many officials saw the hazard the Fed could tighten more than necessary#FOMC
Added at 2:04pm
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*FOMC Minutes: Fed Staff Expects Unemployment Rate to Start Rising in 2H 2022
— *Walter Bloomberg (@DeItaone) August 17, 2022
Added at 2:05pm
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FOMC Minutes:
— DailyFX Team Live (@DailyFXTeam) August 17, 2022
-Participants observed that recent inflation expectations were consistent with long term expectations anchored at their target of 2%
-A decrease in demand would be critical in lowering soaring inflation.#fomc minutes
Added at 2:06pm
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*OFFICIALS SAW RISK IF PUBLIC QUESTION FED'S INFLATION RESOLVE
— *Walter Bloomberg (@DeItaone) August 17, 2022
Added at 2:13pm
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FOMC Minutes:
— DailyFX Team Live (@DailyFXTeam) August 17, 2022
-Participants concurred that the pace of further rate increases and the extend of tightening will be data and risk dependent#fomc minutes
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