Federal Reserve spokesperson: The overall sentiment of the committee at the July meeting was hawkish, with more officials showing an open attitude towards a rate cut in September
ChainCatcher news, according to the Federal Reserve's mouthpiece Nick Timiraos, the minutes of the Federal Reserve's meetings typically do not reveal too much new information, but they reinforce what has already been made public: first, based on Powell's press conference, the overall sentiment of the committee during the July meeting was hawkish (at least compared to the market); second, the dependence on data and forecasts is evident, as more officials have shown an open attitude towards a rate cut in September following the release of the employment report on August 1.
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