Fed minutes: some participants believe downside risks to job market and economy have diminished
The Fed minutes showed that some participants believed that downside risks to the job market and the economy had abated. Participants expected a possible gradual shift to a more neutral stance, and almost all participants believed that the risks to achieving the dual-mandate objective remained roughly balanced. Many participants felt that the risk of an excessive cooling of the job market had diminished since the September meeting.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fed sound bite: Fed minutes hint at cautious rate cuts if inflation stagnates
Bank of America expects S&P 500 to rise to 6,666 by 2025
The three major U.S. stock indices closed collectively higher
Standard Chartered analyst: Short-term bottom for BTC in $85,000 to $88,700 range