Economists: Expect FOMC to maintain or even strengthen hawkish tone

TechFlow news, July 29, Generali Investments Senior Economist Paolo Zanghieri is closely monitoring the Federal Reserve's communication wording. The FOMC is expected to "maintain or even strengthen the hawkish tone, as persistent inflation, rising oil prices, and internal FOMC divergence open the door for further policy tightening later this year." (Jin10)