The September FOMC minutes will garner attention – TDS
|Strategists at TD Securities (TDS) offer a brief preview of the September FOMC monetary policy meeting minutes, due for release later during the US session this Wednesday.
Key Quotes:
“At the meeting, the dot plot median revealed a higher-than-expected Fed Funds terminal rate of 4.625%, with a fairly even dot distribution around this level. The question is how much of this was reflected in the deliberations at the September meeting. The tone of these deliberations likely was more hawkish given core CPI inflation trends, upsetting the current market narrative of dovish Fed pivot.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.