The FOMC meeting minutes this time around is a lot more technical than previous ones. It covers:
- Developments in financial markets and the Federal Reserve`s balance sheet
- Staff review the of economic situation
- Staff review of the financial situation
- Staff economic outlook
- Participants` views on current conditions and the economic outlook
- Committee policy action
- Longer-run goals and monetary policy strategy
As expected, Narayana Kocherlakota voted against the FOMC policy action.
Bloomberg did not cover any of the content of this report. Traders have stated that this report is causing confusion in markets.
No comments:
Post a Comment