TechFlow news, August 21 — According to Jinshi Data, Capital Economics analyst Paul Ashworth noted that the Fed's July meeting minutes showed all officials except two who favored a rate cut voted to hold rates steady, sending a slightly hawkish signal for the September meeting. However, since the minutes were released prior to the disappointing July employment report, it is difficult to extract clear clues about the future. Powell's speech this week at Jackson Hole will offer deeper insight into whether a September rate cut is already certain.
Add to Favorites
Share to Social Media
