Citi: Fed Minutes May Indicate Lowering Threshold for Rate Cuts
According to a report by Jinse Finance, Citigroup analysts stated that the minutes of the Federal Reserve's June meeting may read as more dovish compared to Chairman Powell's press conference following the June policy meeting. During that conference, Powell leaned heavily on neutral language and emphasized the Fed's dual mandate. However, the meeting minutes may better reflect what Powell did not explicitly state: the threshold for a rate cut is lowering. (Jin10)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin's market dominance has fallen below its 2024 annual peak

US Treasury Secretary: The Dollar Is Accelerating On-Chain, Blockchain Will Reshape the Payment System
Guangdong, Yunnan, and Other Regions Warn of Illegal Fundraising Risks in Virtual Currencies
Trending news
MoreCrypto prices
More








