The Federal Open Market Committee (FOMC) meeting minutes from July 28-29 certainly had a hawkish slant.
"Many participants ****** sed that policy tightening would likely be necessary if inflation did not decline," the minutes stated. "Some participants commented that financial conditions might not currently be sufficiently restrictive to facilitate a return of inflation to 2 percent."
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
At the conclusion of its July meeting, the FOMC elected to hold interest rates steady within a range of 3.50% and 3.75%. However, the vote was not unanimous, and three voting members dissented, preferring a quarter-point rate hike.
While various members of the FOMC continue to hint at a rate hike being necessary, I believe such a move is very unlikely in 2026.
#NVIDIA #minutes
"Many participants ****** sed that policy tightening would likely be necessary if inflation did not decline," the minutes stated. "Some participants commented that financial conditions might not currently be sufficiently restrictive to facilitate a return of inflation to 2 percent."
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
At the conclusion of its July meeting, the FOMC elected to hold interest rates steady within a range of 3.50% and 3.75%. However, the vote was not unanimous, and three voting members dissented, preferring a quarter-point rate hike.
While various members of the FOMC continue to hint at a rate hike being necessary, I believe such a move is very unlikely in 2026.
#NVIDIA #minutes
2 months ago
