2025-08-21 11:06:37

🚨 JUST IN: Fed minutes from the July 29 - 30 meeting are out. Key takeaways:

🔒 Rates held at 4.25% - 4.50% (only Bowman & Waller wanted a cut)
💸 Tariffs seen as bigger inflation risk than jobs
📈 Goods prices showing tariff effects, long-term inflation path still unclear
🎯 Markets still pricing ~85% chance of September rate cut - next stop Powell at Jackson Hole

IN-1.34%

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