The Barclays Research Team offers a brief preview of the minutes of the Federal Open Market Committee (FOMC) January meeting due on Wednesday at 1900GMT.
“Look to the minutes for insights as to whether FOMC participants see the rate hike cycle as essentially complete or members still expect further rate hikes as part of the baseline outlook.
We expect the minutes to signal that the committee is prepared to release its plan for the end of the runoff of its balance sheet "soon", which we believe will come at the March meeting.”
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