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FOMC Minutes: The Path Ahead
Investors are going to be looking for some clarifications out of the minutes from the last FOMC meeting. The market and the Fed are at odds about the future of rate hikes. More importantly for how the dollar behaves, there is considerable disagreement about what happens at the September meeting. What FOMC members said at the last meeting could clarify that situation, and either push the dollar up, or bring it down. The issue regarding the supposed “skip” as opposed to a pause seems to be largely settled. There was some initial doubt about it, since Fed Chair Jerome Powell made a point of not calling the lack of ... (full story)
