SUMMARY OF FED MEETING MINUTES (5/24/23): 1. Fed sees "uncer...
SUMMARY OF FED MEETING MINUTES (5/24/23):
1. Fed sees "uncertainty" over further rate hikes
2. Debt default threatens tighter financial conditions
3. Fed sees "mild recession" in late-2023
4. Inflation is still "unacceptably high"
5. Additional policy firming may be appropriate
The Fed's next moves are highly uncertain.
1. Fed sees "uncertainty" over further rate hikes
2. Debt default threatens tighter financial conditions
3. Fed sees "mild recession" in late-2023
4. Inflation is still "unacceptably high"
5. Additional policy firming may be appropriate
The Fed's next moves are highly uncertain.
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