of the Fed's June meeting, released Wednesday, are that some of the policymakers didn't agree with the decision to pause the year-long hiking cycle, but"almost all" noted that further rate increases will likely be needed as inflation remains"unacceptably high.
"put the chance of a hike at the meeting later in July at more than 90%, and there remains a reasonable chance that another will follow, especially as Fed Chairman Jerome Powell has argued that monetary policy isn't restrictive enough.The impact of this monetary policy on the crucial jobs market will be made apparent shortly, as there are no fewer than four U.S. labor market reports due in the next 48 hours, culminating with Friday's U.S.
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