June and 7 to show the minutes of this month's meeting, when the Federal Reserve Board, the central bank of the United States, decided to raise rates significantly by 0.5%, with most participants showing their determination to curb inflation. It turned out that the monthly meeting also indicated that it should decide to raise interest rates in the same range in a row.
At a meeting held until the 4th of this month, the Fed decided to raise interest rates by 0.5% for the first time in 22 years and to start a response called "quantitative tightening" to gradually reduce financial assets such as government bonds.
According to the minutes of the meeting released on the 25th, participants were repeatedly concerned about the rise in prices caused by Russia's invasion of Ukraine and the disruption of logistics caused by China's severe measures against corona.
On top of that, it was found that most participants at the June and July meetings also indicated their intention to decide on a significant 0.5% rate hike in a row.
The Fed carefully analyzes the latest economic data at each meeting and makes policy decisions, but by daring to clarify the direction of future meetings, it expresses a strong determination to quickly curb inflation.
However, in the financial markets, there is a deep-rooted caution that the Fed's monetary tightening to curb demand may overcool the economy, and it will continue to be difficult to steer what kind of policy to proceed while taking into account the trends of the real economy. ..