🚨 Fed Report (FOMC Minutes)

👉 The Fed did not change its rates, but there was a big signal: two important members (Bowman and Waller) voted for a rate cut — a first since 1993.

⚠️ Inflation remains a risk according to the Fed, but growth is starting to slow down.

💵 Balance sheet reduction (QT) continues as planned.

👉 Markets now believe that the real turning point will come at Jackson Hole (the major annual meeting of central bankers).

In short: signals of future monetary easing are strengthening, but uncertainty remains high.