by TonyLiberty
FED MEETING SUMMARY for 8/21/24 (everything you need to know):
- Most members support a rate cut for July’s meeting.
- The majority see a September rate cut as highly likely.
- Concerns were raised over the rising unemployment risks.
- The outlook for economic growth in the second half of 2024 was downgraded.
Here are the minutes:
www.federalreserve.gov/monetarypolicy/fomcminutes20240731.htm
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