The Federal Reserve’s meeting minutes showed most policymakers saw 25 bps cut warranted. Policymakers were generally more concerned about risks associated with trade tensions. The US Dollar Index largely ignored the meeting minutes. According to the minutes from the Federal Open Market Committee’s (FOMC) September 17-18 monetary policy meeting, most policymakers believed that a 25 basis points rate cut was needed citing economic outlook, risk management and inflation objectives. The US Dollar Index largely ignored the statement and was last flat on the day at 99.12. Below are some other key takeaways as reported by Reuters. “Several participants said statistical models on the likelihood of a recession in medium-term had increased notably in recent months.” “Policymakers generally more concerned about risks associated with trade tensions, geopolitics and global economy.” “Although readings on labor markets and overall economy strong, clearer picture had emerged on weakness in investment, factories and exports.” “A couple of policymakers preferred a 50 basis point cut and stressed that forward guidance might also be needed.” “Several policymakers favored keeping rates steady, saying baseline economic projection had changed very little and that uncertainties would not derail the expansion.” “A couple of policymakers said a rate cut might be too much insurance and could leave policy with less scope for future shocks.” “Several policymakers suggested giving more clarity on when the Fed will end the recalibration of rate policy in response to trade uncertainties.” “A few policymakers said markets see more future accommodation than they see as appropriate; might need to better align market expectations with policymaker expectations.” “Policymakers agreed recent money market developments implied the Fed should soon discuss appropriate level of reserve balances.” “A few policymakers noted the possibility of resuming trend growth of balance sheet to stabilize the level of reserves.” “Several policymakers suggested consideration of a standing repo facility as part of monetary policy implementation framework.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Forex News Today: Daily Trading News share Read Next EUR/USD remains in range below 1.1000 after FOMC minutes FX Street 3 years The Federal Reserve's meeting minutes showed most policymakers saw 25 bps cut warranted. Policymakers were generally more concerned about risks associated with trade tensions. The US Dollar Index largely ignored the meeting minutes. According to the minutes from the Federal Open Market Committee's (FOMC) September 17-18 monetary policy meeting, most policymakers believed that a 25 basis points rate cut was needed citing economic outlook, risk management and inflation objectives. The US Dollar Index largely ignored the statement and was last flat on the day at 99.12. Below are some other key takeaways as reported by Reuters. "Several participants said statistical… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.