FOMC minutes: 'A couple' participants said they would be open to considering July cut

FOMC minutes: 'A couple' participants said they would be open to considering July cut

Minutes of the June FOMC meeting

Waller: Fed could consider cutting policy rate in July

Federal Reserve Governor Christopher Waller said Wednesday he supports cutting interest rates as soon as July, arguing that the current policy rate remains "too tight" given recent economic ...

Mixed signals from the FOMC - Monex Canada

CAD While other major currencies find themselves lacking drivers this week, loonie traders have a jobs report to look forward to, coming up tomorrow. That said, it is not all good news for CAD, with consensus expectations looking for no job additions in June, with the unemployment rate projected to increase to 7.1%. Admittedly, this is unlikely to open the door to immediate BoC easing. But it would add to the conviction that a rate cut is coming…

Gold price bears retain control ahead of FOMC Minutes, seems vulnerable below $3,300 | The New York Ledger

Gold rate stays under some selling pressure in the middle of minimized bets for a Fed rate cut in July. The USD perseveres near a two-week high and adds to the product’s provided tone. Tariff jitter weighs on financiers’ belief, though it does little to impress the XAU/USD bulls. Gold rate (XAU/USD) keeps its bearish predisposition for the 2nd straight day on Wednesday and trades near the $3,285 area, or over a one-week low throughout the very f…

Minutes Show the Fed Is Edging Closer to the Rate Cut - Action Forex

The Federal Open Market Committee (FOMC) held the policy rate steady in the target range of 4.25-4.5% at its June 17-18th meeting. The minutes from that meeting highlighted that trade and policy uncertainty and their impact on inflation remained a focal point of discussion. However, uncertainty was rated as having diminished since May (as Liberation Day tariffs have been postponed and trade war with China de-escalated) leading to a less pessimis…

FOMC Minutes Hint at July 30 Rate Cut as Crypto Markets Hold Steady

The Federal Reserve’s latest minutes, released Wednesday, show that most policymakers expect interest rate cuts to begin this year, possibly as soon as July 30. The minutes from the June 17–18 meeting confirmed the central bank kept its benchmark rate at 4.25% to 4.50%.  Fed Aligned On At Least One Rate Cut in 2025 Policymakers agreed inflation had eased but remained “somewhat elevated.” Also, uncertainty around the outlook had diminished, thoug…