FOMC Minutes in the limelight today – Deutsche Bank
|Analysts at Deutsche Bank point out that today we have the release of the latest FOMC minutes from the Fed meeting earlier this month and are going to be the key economic release for today’s session.
Key Quotes
“Given that it was a meeting with almost nothing material to come from it, the minutes are unlikely to throw up much of interest, although our US economists noted that this could present the opportunity for the Fed to discuss longer-term issues, potentially including discussion around the balance sheet and the implementation of monetary policy (e.g. floor v corridor system), especially given the speech from NY Fed Markets Group chief Simon Potter immediately following the FOMC meeting earlier this month.”
“We may also get more info on how policymakers are thinking about the counter-cyclical capital buffer or the monetary policy framework (e.g. price level targeting).”
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