Citigroup: Fed minutes may indicate that the threshold for interest rate cuts is decreasing

On July 9th, according to Jinshi Data, Citi analysts said that the Fed's June meeting minutes may read more dovish than Powell's press conference after the June interest rate meeting. At that meeting, Powell strongly favored using neutral language and emphasized the Fed's dual mandate. But the meeting minutes may better reflect what Powell didn't explicitly say: the threshold for rate cuts is falling. [Deep Tide TechFlow]