The US Dollar Index falls below 100 points
智通财经2026/07/31 06:45Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Calls for Rate Hikes Intensify Within the Fed; Two Dissenting Members Warn More Aggressive Hikes May Be Needed if Anti-Inflation Efforts Lag
The Federal Reserve's July policy meeting ended with a 9:3 decision to keep rates unchanged, but three officials supported a 25 basis point hike, marking a rare number of dissenting votes in recent years. Cleveland Fed President Loretta Mester and Minneapolis Fed President Neel Kashkari advocated for an immediate rate increase, warning that delaying action would necessitate more aggressive tightening in the future with higher economic costs. Both pointed out that resilient employment and strong demand provide room for gradual rate hikes.
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