June consumer prices
FOMC Minutes, Tariff Mahem, and a Whole Lot of Price and Industrial Production Data Releases
July 10, 2025
People are seeing what they want to see in yesterday afternoon’s publication by the Fed of minutes from the June 17-18 FOMC meeting. The minutes retain a majority view that embodies the likelihood of two 25-basis point rate cuts later this year. But support for a cut at this month’s policy review was pretty small, […] More