US dollar drops as the first reaction after FOMC minutes

US dollar drops as the first reaction after FOMC minutes

According to the minutes, many of the FOMC members saw a near-term interest rate hike as warranted but a few opposed. The document showed that most participants continue to believe that a tighter labor market will ultimately lead to inflation. The meeting included a debate on broad inflation. Many officials saw as possible that inflation could remain below the target for a longer period. 

22 Nov 17 (Wed)

07:24 pm



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