FED MEETING SUMMARY for 8/21/24 (everything you need to know)

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by  TonyLiberty

FED MEETING SUMMARY for 8/21/24 (everything you need to know):

  1. Most members support a rate cut for July’s meeting.
  2. The majority see a September rate cut as highly likely.
  3. Concerns were raised over the rising unemployment risks.
  4. The outlook for economic growth in the second half of 2024 was downgraded.
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Here are the minutes:

www.federalreserve.gov/monetarypolicy/fomcminutes20240731.htm

 

 

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