Fed Minutes Show Heated Debate on Rate Cuts Amid Sharp Downward Job Revisions - Kitco News

In this crucial update, Kitco News Anchor Jeremy Szafron analyzes the Federal Reserve's July FOMC minutes, shedding light on the internal debates over a potential rate cut just days before the release of disappointing job numbers. The report highlights the significant downward revision of U.S. job growth by 818,000, casting doubts on the strength of vital sectors such as professional services and manufacturing. As the Fed leans toward easing monetary policy, all attention now shifts to Jerome Powell's upcoming speech at Jackson Hole. Stay tuned and subscribe for the latest financial insights and updates.

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