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MNI Fed Review - July 2022: The Data Will Decide

FED

We've published our review of the July FOMC meeting, which has been emailed to subscribers. It is also available on MNI's website:

  • MNI saw Fed Chair Powell’s messaging as slightly more balanced than the market’s very dovish interpretation.
  • The FOMC’s shift to a true meeting-by-meeting approach to rate-setting introduces higher two-way risk and market volatility on data releases going forward.

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