---
title: Fed rate cuts are imminent...
description: "Here's a quick recap of the FOMC minutes...\n▪ Fed Minutes said risk to inflation goal had decreased.\n▪ The FOMC minutes indicate a \"likely\" rate cut in September as most Fed members are leaning towards a rate cut at the next meeting—if the data stays positive.\n▪ July Debates: SEVERAL PARTICIPANTS SAID RECENT PROGRESS ON INFLATION AND INCREASES IN THE UNEMPLOYMENT RATE PROVIDED A PLAUSIBLE CASE FOR A 25-BASIS-POINT RATE CUT AT JULY'S MEETING OR THAT THEY COULD HAVE SUPPORTED SUCH A MOVE.\n▪ ⚠️ Rising Unemployment Risks: Fed believed the labor market is in a better place but payrolls were overstated (made sense given the 818k job revision today). The majority are concerned about increasing unemployment.\n 📉 Economic Growth Downgraded: The outlook for growth in the second half of 2024 has been revised downward. Fed believed consumer spending did start to weaken based on delinquencies going up\n▪ 📊 Inflation Confidence: Recent reports have strengthened the Fed’s belief in managing inflation.\n▪ 🕰️ Timing Matters: Delaying easing could significantly weaken the economy.\n\n=> The first rate cut since 2020 likely coming next month. \n=> S&P 500, Nasdaq close higher as Fed minutes lift investors’ hopes for a September rate cut!"
---

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# [Fed rate cuts are imminent...](https://blog.syzgroup.com/syz-the-moment/do-you-remember-hashtagmoderna-mrna-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-1723-5b7e6d7c)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Aug 26, 2024, 11:51:23 AM

[View full post](https://blog.syzgroup.com/syz-the-moment/do-you-remember-hashtagmoderna-mrna-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-1723-5b7e6d7c)

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