Citi: The Fed's meeting minutes may indicate that the threshold for rate cuts is decreasing

ChainCatcher news, according to Jinshi reports, Citigroup analysts stated that the minutes of the Federal Reserve's June meeting may read more dovishly compared to the press conference held by Powell after the June interest rate meeting.

At that meeting, Powell leaned heavily towards using neutral language and emphasized the Federal Reserve's dual mandate. However, the minutes may better reflect what Powell did not explicitly state: the threshold for interest rate cuts is decreasing.