July Fed Meeting: Inflation Concerns and Upcoming Balance Sheet Unwind

The Federal Reserve left interest rates unchanged Wednesday at the conclusion of its July policy meeting as expected.  The focus, however, was on the language in its accompanying statement around two key areas, inflation and its $4.5 trillion balance sheet. With regards to inflation, the Fed changed its phrasing around inflation saying that it was … Continue reading July Fed Meeting: Inflation Concerns and Upcoming Balance Sheet Unwind