FOMC Board Member Meeting
FOMC Meeting Minutes
FOMC Minutes After the Rate Hike
Starts Wednesday, October 17, 2018 at 20:54
Updated Monday, October 15, 2018
The Federal Reserve increased interest rates as expected two weeks ago. But while the market was expecting them to turn neutral in the short term after increasing rates many times in the last two years, they turned even more hawkish. That was the market consensus after the meeting, hence the demand for the USD since then. Now we get to see what they discussed in that meeting and it is likely that the market gets even more hawkish signals from the minutes. Please follow us for live coverage of this event and the impact it might have on the currency by live market analysts.
<% indicator.indicator_name %>
<% indicator.indicator_value %>
<% ssp.ssp_posted_at |date:"HH:mm" %>
About FOMC Meeting Minutes
The Federal Open Market Committee (FOMC) is the policy-making body of the U.S. Federal Reserve System (FED). It is scheduled to meet five to eight times annually, with the intent of addressing the current state of the U.S. economy. Decisions are made regarding the management of the USD, including interest rate adjustments and the purchase/sale of U.S. government debt.The FOMC Meeting Minutes are a written record of the presentations and discussions of the previous FOMC meeting. They are released to the public three weeks after each scheduled meeting. Included are summaries of policy decisions, economic forecasts, and dissenting opinions of the FOMC members.FOMC minutes give active traders and investors valuable insights into the inner workings of the FED. The minutes often allude to coming policy decisions as well as the overall tone of the committee. Markets are capable of reacting unpredictably to surprise disclosures in the release, specifically USD valuations.