
Federal Reserve Minutes Reveal Sharp Divisions on Interest Rate Policy
The Federal Reserve minutes reveal significant disagreements within the US central bank, highlighting deep fissures over monetary policy decisions.
All articles tagged with #us central bank

The Federal Reserve minutes reveal significant disagreements within the US central bank, highlighting deep fissures over monetary policy decisions.

The U.S. Central Bank's indication of potential interest rate cuts in 2024 has sparked optimism for growth stocks. Fool.com contributor Parkev Tatevosian recommends a top growth stock to buy for 2024 and beyond.

Asian markets are feeling optimistic as the belief that the U.S. central bank is nearing the end of its tightening cycle continues to weigh on the dollar, boosting sentiment and lifting asset prices. China is also showing signs of improvement, with strong bank lending in June and global hedge funds adding more Chinese stocks to their portfolios. Key events to watch include the Reserve Bank of New Zealand's interest rate decision, Indian inflation figures, and U.S. inflation data. The U.S. dollar's weakness is fueling optimism in Asian markets, and New Zealand's central bank is expected to keep its cash rate unchanged.

Vetle Lunde, a crypto markets analyst at K33 Research, sees similarities between bitcoin's recent surge and its price pattern from 2018 into 2019. Lunde believes that faint signs last week that the US central bank would scale back its hawkish monetary policy amid mildly encouraging inflation data could boost market sentiment. Negative to neutral sales of derivatives, despite recent price gains, were further signs of investor caution. The rebound follows a year of distress, in which multiple major firms declared bankruptcy, sending risk-shy investors fleeing from crypto markets.