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18:23
"Fed Whisperer": Rate cut talks are nearly over, and the Federal Reserve is now seriously considering a rate hike
Odaily reported that "Federal Reserve mouthpiece" Nick Timiraos stated that Federal Reserve officials have almost stopped discussing the question that has dominated policy debates for the past two years—whether they should cut interest rates—and instead began to more seriously consider the opposite direction at last month’s meeting: whether a rate hike might be necessary. Minutes from the April policy meeting showed: "Most participants emphasized that if inflation continues to persist above 2%, further tightening of policy could become appropriate." The April meeting was the last chaired by Powell as Federal Reserve chair, and these minutes underscore how the Middle East conflict has reshaped the outlook of the interest rate decision committee. Walsh will take over the committee after being sworn in at the White House on Friday. (Golden Ten Data)
18:21
「Fed Watch」: Rate Cut Debate Nearly Over, Fed Begins Serious Discussion on Possibility of Rate Hike
BlockBeats News, May 21st, Wall Street Journal reporter Nick Timiraos, known as the "Fed Whisperer," stated that Federal Reserve officials have almost stopped discussing the issue that has dominated policy debates over the past two years, namely, whether to cut interest rates, and have instead started to more seriously consider the opposite direction at last month's meeting: whether to raise interest rates. The April policy meeting minutes showed: "Most participants emphasized that if inflation continues to stay persistently above 2 percent, further policy tightening might become appropriate." The April meeting was Powell's last meeting as Fed chair, and the minutes underscored how the Middle East conflict reshaped the rate-setting committee's outlook.
18:17
Analyst: The number of members within the Federal Reserve wanting to shift to a more hawkish stance may be higher than the three who voted for it.
```htmlGolden Ten Data reported on May 21 that Greg Michalowski, an analyst at the US financial website investinglive, stated that the voting result at the April meeting was 8 to 4. One person voted in favor of cutting interest rates by 25 basis points (Milan, who has resigned from the Federal Reserve), and three others voted to remove the easing bias. The Federal Reserve meeting minutes mentioned that "many" participants hoped to remove the easing bias, indicating that the number of people wanting to adopt a more hawkish stance may be more than three. He believes that if the vote were held again today, the policy bias would likely be more consistently shifted toward removing the easing bias.```
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