Federal Reserve meeting minutes: Nearly all officials anticipate more interest rate hikes by 2023.
BlockBeats news on July 6th: The Federal Reserve meeting minutes showed that Fed officials maintained their prediction of a "moderate" recession in 2023. Almost all officials expect more rate hikes in 2023. Supporters of interest rate hikes pointed out that the labor market is very tight, the economic momentum is better than expected, and there is no evidence that inflation will gradually return to the target of 2%. (Jin10)