The Federal Reserve's statement shows that Federal Reserve Barr announced that he will step down as vice chairperson of supervision on February 28, 2025.
According to market news, the Federal Reserve said that the FOMC meeting will start at 10 am local time on Tuesday as scheduled. It is reported that the dollar index DXY rose 10 points in the short term and is now trading at 104.76.
On July 22, according to a Reuters analysis report, the Federal Reserve's policy meeting next week may remove the language of "high" inflation. If so, it would be the strongest signal yet that the Federal Reserve plans to cut interest rates as early as September and start its easing cycle. Changing the description of inflation from high to more dovish words could also lead the Fed to modify another key sentence in its current policy statement: the Fed will not cut interest rates until officials ...