Fed meeting minutes
Investors will be awaiting Fed meeting minutes, scheduled to be released today. The minutes will probably highlight that inflation is still sticky, and that more rate hikes are on the cards. But this should not come as a surprise as Powell has mentioned 2 possible rate hikes.
At this point, it is widely expected that Fed will hike once in July. But we don’t know if there’s another one, and if there is, when is it?
At this point, it is widely expected that Fed will hike once in July. But we don’t know if there’s another one, and if there is, when is it?
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ppspirit : Will that affect the market?
人称森蒂 ppspirit: It will
dwarrior : I not sure why people need to wait for minutes. Sure hike in Jul, sure no rate cut in 2023. Both of these are enough to trigger some drop.
Cow Moo-neyOP dwarrior: Some may say that the market is already aware of a potential hike in July now, hence no surprise.