The Week That Will Be (4th July 2021)

1. The Fed
Minutes from the Fed meeting where they blinked on inflation are released Wednesday. This should offer further insight into whether those hawkish 2023 dots came from non-voters under the cover of Quarles' reflationary speech at the end of May. It certainly looks so far that the core high command are only dipping a toe into the hawkish camp, with both Powell and Williams recently emphasising uncertainty remains high even in the face of what Jerome 

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