This post was originally published on this site. July final CPI +2.9% vs +2.9% y/y prelim Prior +2.8% July final core CPI +2.5% vs +2.5% y/y prelim Prior +2.4% More to come… This article was written by Justin Low at investinglive.com.

This post was originally published on this site.After Fed chair Warsh’s shift in stance on forward guidance in response to the central bank’s reaction function, the FOMC meeting minutes will arguably take on more importance than it did before. Warsh didn’t offer much of anything in kicking the can down the road. As such, a closer look at the discussions during the meeting and what key triggers may point to another rate hike will be deeply scrutinised. As a reminder, we already know that Fed policymakers Logan, Hammack, and Kashkari dissented in favour of a 25 bps rate hike. However,...