FXStreet Summary: Preview of the FOMC Interest Rate Decision - Focus on Changes in the Statement

JIN10
2024.07.31 17:45
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This article compiled by Golden Ten is a preview of the Federal Reserve interest rate decision. According to the article, the market generally expects the Federal Reserve to keep interest rates unchanged, but there is also a small probability of the first rate cut. The article also mentions possible changes in the labor market, inflation situation, dual mandate, and rate cut signals. Chicago Fed President Charles Evans may become the first official to vote against the Fed's decision. Powell may further hint at the Fed's first rate cut in September during his speech