📢 Federal Reserve Minutes: Clear Hawkishness and Data Dependence!
According to reports from Nick Timiraos, known as "The Fed's Tool", the minutes from the July meeting confirmed:
🔹 Hawkish Tone
The committee showed a more assertive stance compared to market expectations, reflecting ongoing concerns about inflation.
🔹 Data is the Key Driver
Officials are closely monitoring economic indicators, especially after the employment report on August 1, which may pave the way for a potential rate cut in September.
📊 What do these minutes signal?
Continued caution among investors.
Expect strong market movements with the release of any new data regarding inflation or growth.
💬 Question for analysts and traders:
Will we witness the first rate cut in September? Or will the Fed continue to hold onto hawkishness for a longer period?
