Fed Minutes Are Here, and They Look Pretty Hawkish

1 month ago 20
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Updated July 6, 2022 2:19 p.m. ET / Original July 6, 2022 4:00 americium ET

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Federal Reserve Chairman Jerome Powell successful June 2022.

Kevin Dietsch/Getty Images

Minutes from the Federal Reserve’s June 14-15 meeting uncover cardinal bankers’ increasing anxiousness implicit ostentation and plans to follow a restrictive argumentation stance successful bid to chill rapidly rising prices.

The minutes work hawkish. Major banal indexes, however, were mostly unchanged conscionable aft the merchandise arsenic investors see economical developments since the Fed past met and stake that flagging economical maturation volition yet bounds the magnitude of tightening the cardinal slope indispensable conduct.

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