FOMC Meeting Minutes
Insights from FED\'s Last Meeting
Starts Saturday, August 18, 2018 at 04:47
Updated Thursday, August 16, 2018
The FED kept interest rates unchanged last month. They remained hawkish regarding the economy and inflation.
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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.