Economists expect the FOMC to maintain a hawkish stance, or further tighten policy

ME News, July 29 (UTC+8). Senior economist Paul Zangieri at Zhongli Investment is closely monitoring the Federal Reserve’s communication wording. He expects the FOMC to “maintain or even strengthen a hawkish tone,” as ongoing inflation, rising oil prices, and internal divisions within the FOMC leave the door open for further policy tightening later this year. (Source: ChainCatcher)
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