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FOMC Minutes to Confirm Inflation Progress

From marketnews.com

The Federal Open Market Committee's policy statement at the close of its May gathering offered little new information on the projected future path of U.S. interest rate hikes, but the minutes of the meeting may give more color on the latest discussion around inflation. The following are five things to look for: -- Any signal regarding a widely expected interest rate increase at the upcoming June FOMC meeting, as well as whether the committee will revise up its 2018 rate forecast to four hikes from three in the March Survey of Economic Projections. Markets have already priced in another 60 basis points in Fed hikes by ... (full story)

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  • Category: Fundamental Analysis