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What To Expect From FOMC Minutes? - Views From 15 Major Banks

From efxnews.com

The following are the expectations for today's FOMC minutes from the October meeting as provided by the economists at 15 major banks. Goldman Sachs: We expect that the language around forward guidance (including "considerable time") and the assessment of "significant underutilization" in the labor market were topics of debate at the October meeting. "Significant underutilization" was removed, and "considerable time" was tempered with the addition of two sentences describing how policy will change with "incoming information". We will be looking for comments on foreign developments, especially after the discussion in ... (full story)

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