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What To Expect From FOMC Minutes? - BofA, CS, Barclays, & Others
The following are the expectations from today's FOMC minutes from the June meeting as provided by the economists at Bank of America Merrill Lynch, Credit Suisse, BNP Paribas, Barclays Capital, and other leading banks. BofA: As always, there is a risk that the minutes sound more hawkish than the statement or Yellen’s press conference. The upward drift in the dot plot adds to that risk, and markets will be sensitive to any indications that the Fed may consider accelerating its liftoff, particularly after the June employment report. Further discussion about the exit strategy and policy normalization process is ... (full story)
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