The Federal Reserve held its target range at 3.5% to 3.75% in July by a 9-3 vote. Three officials, Beth Hammack, Neel Kashkari, and Lorie Logan, had sought a quarter-point increase. Wednesday’s 2 PM release of the meeting minutes could reveal whether support for a rate hike extended beyond the three formal dissenters. Bitcoin traded around $64,400 on Coinbase, while the two-year Treasury yield stood at 4.19% and the 10-year at 4.71%. Traders are monitoring spot ETF flows, which showed $45.7 million, to assess a potential hawkish shock on the market.
Source: Read the original article
