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What To Expect From FOMC Minutes? - Views From 10 Banks
The following are the expectations for today's FOMC minutes from the July meeting as provided by the economists at Bank of America Merrill Lynch, Barclays Capital, Credit Suisse, and other major banks. BofA: The July FOMC minutes should garner a lot of attention as market participants look for signs of when the Fed may start the hiking cycle. Based on changes to the statement in July, the FOMC is less worried about persistently low inflation, but continues to see "significant" slack in the labor market. We look to the discussion to see how these changes led Fed officials to reassess their views around the timing of ... (full story)
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