Federal Reserve Mouthpiece: The Federal Reserve is clearly hawkish, major changes in the policy statement

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BlockBeats News, June 18 — "Federal Reserve mouthpiece" Nick Timiraos comments on the Federal Reserve's rate decision: This time, the Fed's dot plot shows a clear hawkish bias. Among the 18 officials, 9 expect at least one rate hike this year, with 6 even expecting multiple hikes. In contrast, only 1 official expects a rate cut this year; additionally, one participant (presumably Federal Reserve Chair Waller) did not submit an economic projections summary (SEP).

Meanwhile, the Federal Reserve policy statement was comprehensively revised from start to finish, with the text length significantly shortened. Overall, the communication framework of this meeting has changed markedly, and market expectations for the interest rate path may be readjusted accordingly. (Jin10)

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