Core CPI inflation was unchanged at 1.9% y/y in October

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 18, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Market Movers The main event today is the release of the FOMC minutes from the October meeting. Here we will get more details on why the Fed flagged a clear tightening bias. The FOMC revealed that it will determine ‘whether it will be appropriate to RAISE the target range at its NEXT meeting’ (our emphasis). We think that with the strong job report FOMC will consider a hike ‘appropriate’ (see also First Fed hike in December due to very strong job report , 10 November) but it will be

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