#FOMC Update FOMC Minutes: Most Officials Said Additional Information Valuable For Considering Stance of Policy FOMC Minutes: Officials Said GDP Resilient in Recent Quarters, Would Be Subdued Over Rest of 2023 FOMC Minutes: Core Inflation Had Not Show Sustained Easing Since Beginning of Year FOMC Minutes: Staff Still See Mild Recession Later This Year, Followed By Moderately Paced Recovery FOMC Minutes: Staff Saw Possibility of Avoiding Downturn Almost As Likely As Mild Recession Baseline FED: ALMOST ALL OFFICIALS EXPECTED MORE RATE INCREASES IN 23 FED MINUTES: SOME FAVORED HIKE, BUT WENT ALONG WITH PAUSE 7.7K views18:08
