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FOMC Minutes: Members afraid to lower rates too early?
💡 Key takeaways: • The FOMC released its meeting minutes, where many officials noted the risks of cutting rates too quickly. Members, howeve Show More
💡 Key takeaways:
• The FOMC released its meeting minutes, where many officials noted the risks of cutting rates too quickly.
Members, however, agreed to change a statement for the press release that meant rates might go up: Members believed rates had reached their height for this tightening cycle.

"Given their assessment of the policy rate being likely at its peak for this tightening cycle, [the FOMC decided] to remove the reference to "the extent of any additional policy firming that may be appropriate to return inflation to 2 percent over time," as was included in the December statement."
Last week, U.S. Macroeconomic data recently showed inflation was still higher month to month than expected: CPI came in at 3.1% YoY compared to 2.9% expected, inching up 0.3% MoM. PPI came in at 0.3% MoM, with core PPI up 0.5%, compared to just 0.1% expected.

🎙️Discussion:
1. Will the FOMC wait too long to lower rates?
2. How will you strategize your portfolio positioning in response?
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