Heads Up: FOMC Meeting Minutes

Heads Up: FOMC Meeting Minutes

Focus on the minutes of the FOMC meeting due Wednesday is expected to provide investors with an insight into the Fed’s thinking on monetary policy.

In the last meeting, the Federal Reserve said it will likely begin reducing its monthly bond purchases as soon as November and signaled interest rate increases may follow more quickly than expected as the U.S. central bank turn from pandemic crisis policies gains momentum

FOCM Meeting showed that maintaining bond buying of $120 billion per month. Inflation levels are elevated on transitory factors. The economy has made progress toward the tapering threshold. Raised individual counterparty reverse repo limit to $160 billion from $80 billion.

13 Oct 21 (Wed)

05:32 pm



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