Sonia Meskin, US Economist at Standard Chartered, points out that the Federal Reserve Open Market Committee (FOMC) will release the minutes of its 13 June meeting on Thursday 5 July and they expect the minutes to provide additional colour and, where feasible, an update on the Committee’s thinking.
Key Quotes
“Specifically, we look for further detail on the following:
- The rationale underpinning the June upgrade to the fed funds target rate (FFTR) projections for 2018 and 2019.”
- Assessment of risks to real activity and inflation from trade tensions, and what data to watch.”
- Views on the yield curve, and implications from a possible curve inversion.”
- Views on near-term inflation trajectory and possible inflation ‘overshoot’.”
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