Fed Officials Likely To Agree On Balancing Employment And Inflation Risks
Jul 28, 2024
According to Odaily, institutional economists suggest that during next week's meeting, most Federal Reserve officials are likely to reach a consensus on one key issue: the downside risks to the Fed's full employment mandate are roughly balanced with the upside risks to inflation. It is anticipated that officials will generally agree that a rate cut will be appropriate at some point in the near future, although there may be slight differences in opinion regarding the exact timing of such a move.