The July FOMC's 9–3 split hinges on whether inflation persistence over five years demands immediate rate action or whether supply shocks still warrant patience. www.worldbyflow.com/p/fomc-july-... #FOMC #FederalReserve #RateHike The July FOMC split 9–3 on hiking rates reflects a genuine divide: hawks argue five years of above-target inflation demands immediate action regardless of supply shocks, w
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The July FOMC's 9–3 split hinges on whether inflation persistence over five years demands immediate rate action or whether supply shocks still warrant patience. www.worldbyflow.com/p/fomc-july-... #FOMC #FederalReserve #RateHike The July FOMC split 9–3 on hiking rates reflects a genuine divide: hawks argue five years of above-target inflation demands immediate action regardless of supply shocks, w