FOMC Minutes Show Inflation Priority over Jobs, September Rate Cuts in Doubt – Crypto News – Crypto News
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FOMC Minutes Show Inflation Priority over Jobs, September Rate Cuts in Doubt – Crypto News

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The FOMC minutes have highlighted how the Federal Reserve currently considers the inflation risk as being greater than the risk of a weakening labor market. This has led to a drop in the odds of a September Fed rate cut even as Jerome Powell prepares to speak at the Jackson Hole conference on August 22.

The post FOMC Minutes Show Inflation Priority over Jobs, September Rate Cuts in Doubt appeared first on CoinGape.

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