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USD: Trading The FOMC Minutes - Views From 10 Major Banks
The following are brief expectations forthe minutes from the 14-15 March FOMC meeting as compiled from the related research reports of 10 major banks. Overall, they don't expect the minutes to reveal much additional information, noticing that the focus willbe on balance sheet discussion, and looking for some upside risks for USD. TD Research: Hawkish Minutes."We expect hawkish minutes, reflecting scope for inflation upgrades and likely discussion about four hikes this year. A surprise outcome would be talk about balance sheet normalization, which would likely anchor the USD into Friday." Credit Agricole CIB Research: ... (full story)
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