Rising inflation turns July Fed meeting into rate-hike showdown | Metals Mine

  • Rising inflation turns July Fed meeting into rate-hike showdown

    From thestreet.com

    The Federal Reserve’s July 28-29 policymaking meeting on interest rates was, frankly, expected to be a snooze fest just a few weeks ago. Now, it’s going to be a humdinger. Economists, traders, and other Fed watchers were forecasting that the Federal Open Market Committee would vote to hold the benchmark Federal Funds Rate steady. This was due to a stabilizing labor market, a huge slide in oil prices, and a refreshing dip in the June Consumer Price Index, indicating a resilient U.S. economy that could take a beat from hawkish concerns that a tightening of policy was needed ASAP. Today, we’re looking at a coin ... (full story)

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Momofrmnyc
22 hr ago
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They're handcuffed at this point with outside externalities that will drive any decision they make moving forward. Labor market still looks decent for the time being so the focus will probably go towards inflation. FEDS are truly between a rock and a hard place.
Doctordoom
19 hr ago
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Hike rate is not a good option for fed it's government responsibility too control the inflation and people wealth this is more hawkish then ever now
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Trader#4808
15 hr ago
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Raising rates = price stability
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Trader#2A2D
22 hr ago
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Oh my god oh my god the world will end if the Fed hikes... It's impossible, it's impossible, it can't happen, THAT would be just too crazy.... What's crazy is that interest rates have been near zero for 20 years!
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Czyker26
18 hr ago
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The world is awash in oil.

The producers just have to be allowed to produce and home builders need to be allowed to build without stupid regulations and the inflation problems will go away.
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Trader#89B5
15 hr ago
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He has said it - price increase is not inflation:-). Just coin another term and everyone is fine :-).
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nathancooper
14 hr ago
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This meeting is no longer about rates alone, it's about the Fed's credibility and forward guidance. Markets will react more to the tone than the decision itself.
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Dlyfx
14 hr ago
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XAUUSD SEL NOW
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heydeji
14 hr ago
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Inflation isn't done with us yet.
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Trader#E50D
14 hr ago
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So gold will bearish or bullish ?
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Trader#3DEB
14 hr ago
Permalink
XAUUSD SEL NOW
Reply

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