🚨FED MINUTES: A few officials who supported a July rate hike believed acting immediately could reduce the need for further hikes later.
Almost all members agreed to retain language affirming the Fed’s commitment to restoring price stability.
Fed staff maintained a broadly unchanged inflation outlook but slightly downgraded the economic outlook compared with June.
No decision was made on changing the number of FOMC meetings, while Chair Warsh indicated the 2026 schedule would remain unchanged.
🇺🇸 FED MINUTES TAKEAWAY:
• Some officials preferred a July hike
• Inflation outlook largely unchanged
• Economic outlook downgraded slightly
• Strong commitment to price stability remains
The Fed still appears more worried about inflation than growth.
@AltcoinDaily All stop losses to break even and take some profits if you did get into positions today legends
Take those profits while we can, the market can be unforgiving at the best of times.
If it looks like a duck.
And it walks like a duck.
And it quacks like a duck.
It's must be a duck.
It it looks like yield curve control.
and it has the same effect as yield curve control.
The USA must be doing YIELD CURVE CONTROL.