Fed minutes crack door to further rate cuts amid Iran war
Burns Brief
Some officials cautiously eyed a year-end rate cut, but others warned that upward adjustments might be needed if inflation remains above target levels Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
Some officials cautiously eyed a year-end rate cut, but others warned that upward adjustments might be needed if inflation remains above target levels.
Key Takeaways
- Some officials cautiously eyed a year-end rate cut, but others warned that upward adjustments might be needed if inflation remains above target levels