“FRB” is mentioned in financial results explanations, the highest frequency ever - telephone conferences for Western companies

2024/8/1 23:17 JST (some excerpts)

The Federal Reserve (FRB) is this week's keyword for global investors trying to determine the timing of a cut in US interest rates. What is unusual, however, is that this term was used at an extremely high frequency even in teleconferences held by American companies after financial results were announced.
　　Data on the growth rate of the US economy sends out mixed signals, and market participants are struggling to predict interest rate trajectories after the September meeting. There is pressure on the US monetary policy authorities to reverse high interest rates, but the inflation rate is still above the level before the novel coronavirus became a pandemic, threatening private consumption.