IJR News — today's news from every side

IJR News — today's news from every side

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Fed Raises Rates, Signals Possible Further Hike — 5dMinutes from the July FOMC meeting are viewed as a key gauge of the committee's appetite for a rate hike, with markets pricing roughly a 30% chance and several dissents among current voters highlighted. The previews also flag potential clues on the Fed's reaction function, language in the minutes about participants, and a focus on reserve-management purchase policy as the Fed refrains from new purchases in the August-September window, signaling patience ahead of a likely September decision.