Home FOMC minutes to offer more clarity on future path – TDS
FXStreet News

FOMC minutes to offer more clarity on future path – TDS

Analysts at TD Securities are expecting the FOMC minutes from the June meeting to offer more clarity on what would lead the Fed to lend support to the US economy following the notable dovish shift by several Fed officials: almost half of them are looking for an easier policy stance by the end of this year.

Key Quotes

“We look for discussions regarding the risks to the economic expansion (crosscurrents) and a characterization of the inflation outlook given the revisions to the downside for those projections. We also expect the minutes to expand on the decision adopted by some Fed officials to lower their long-run rate projections (the median now stands 25bp lower at 2.50%).”

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.