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The rate hike is old news. Now I want to know what was said behind closed doors.
The September FOMC meeting ended with a 25 bps hike, but the upcoming minutes could give us a much better look at how policymakers actually viewed inflation, the labor market, and the possibility of further tightening.
Personally, I’m most interested in how strong the support for another hike really is. A unanimous decision tells us everyone agreed on September, but it doesn’t necessarily mean everyone agrees on October or December.
I’ll also be looking for any signs that policymakers are becoming more concerned about weakening jobs versus sticky inflation.
For me, that’s where the minutes become useful:
The statement tells us what the Fed decided.
The minutes can tell us how difficult that decision was and what might come next.
#FedSeptemberMinutes $BTC
Застереження. Вміст, опублікований на OKX Orbit, надається виключно в інформаційних цілях. Докладніше
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