Reported 12 months ago
The article discusses the upcoming release of the Federal Reserve's June FOMC meeting minutes, with insights on what to expect from the meeting based on recent statements by Fed Chair Powell. Powell highlighted the need for more data before considering monetary policy adjustments, particularly regarding inflation trends. The latest data shows a slight slowing in inflation, prompting investors to anticipate potential rate cuts later in the year. However, the upcoming meeting minutes may already be slightly outdated due to the absence of the latest inflation readings at the time of the meeting.
Source: YAHOO