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- š The #CandyDrop Futures Challenge is live ā join now to share a 6 BTC prize pool!
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Event ends: August 9, 16:00 UTC
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šØFed FOMC Minutes Released:
ā¢Almost all officials stated that additional interest rate increases would be appropriate in 2023.
ā¢Some of the Fed officials stated that they support or may support an increase in interest rates by another 25 basis points.
ā¢Members supporting the rate hike emphasized that the labor market is very tight.
ā¢They also noted that the economic momentum was stronger than anticipated.
šØFed FOMC Minutes Released:
ā¢Participants said that there may be slight recession expectations at the end of the year.
ā¢All members agreed that it would be appropriate to maintain the firm stance.