The main observation we take away from the FOMC Minutes : UNCERTAINTY OVER THE IMPACT OF RISING ENERGY PRICES Here is a brief recap of the internal debate surrounding the impact of expensive energy prices, using excerpts from the release.... In discussing intermeeting developments and their implications...
The minutes of the Federal Open Market Committee's (FOMC) June 24-25 meeting show that FOMC Board Members agreed upside risks to inflation had increased and generally agreed downside risks to growth had diminished. Most members thought the current 2.00% target rate was appropriate but that risks to inflation...
In unusually explicit language, the minutes of the Federal Open Market Committee's (FOMC) April 29-30 meeting said the decision to cut rates at the last meeting was "a close call" and that policy-makers will be reluctant to further cut rates even in the face of negative growth. "Several members noted...
After the FOMC cut rates 25 bps to 2.00% on April 30 and signalled a pause in monetary policy loosening, economists will be attentive to any commentary explaining the short- and long-term inflation outlook in the United States in the release of the FOMC's minutes on Wednesday . Dawn Desjardins, assistant...
Economists are expecting a quiet week despite a handful of market-moving reports. Markets will receive FOMC minutes from the April monetary policy meeting, April PPI, home price index and existing homes sales. Guy LaBas, fixed income strategist from Janney Montgomery Scott, said he will be looking at...