FOMC Minutes to portray a cautious tone – TDS

Sandeep Kanihama FXStreet Contributor

According to analysts at TD Securities, the release of the May FOMC minutes on Wednesday should show a cautious Fed with a majority expecting transitory low inflation.

Key Quotes

“Recall that post-meeting Chair Powell emphasized that the current policy was appropriate and that the FOMC saw no reason to change in either direction.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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