The FOMC minutes have highlighted how the Federal Reserve currently considers the inflation risk as being greater than the risk of a weakening labor market. This has led to a drop in the odds of a September Fed rate cut even as Jerome Powell prepares to speak at the Jackson Hole conference on August 22.
FOMC Minutes Show Inflation Priority over Jobs, September Rate Cuts in Doubt
coingape.com
19 August 2025 22:14, UTC
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