Fed: Mid-cycle adjustment – TD Securities

Sandeep Kanihama FXStreet Contributor

According to TD Securities analysts, the July FOMC minutes suggested there was a bit more disagreement among FOMC members than the two dissents suggested.

Key Quotes

“Overall, the Fed stuck to the "midcycle adjustment" and "optionality" themes, and provided 3 reasons for delivering the July rate cut: 1) decelerating activity; 2) risk management; and 3) low inflation.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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