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Dovish FOMC minutes quell April hike hopes

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 7, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    The financial markets were remarkably unmoved during trading on Wednesday evening despite the dovish bias of the FOMC meeting minutes which swiftly discounted any surviving expectations of a US interest rate rise in April. Wednesday’s minutes resonated a similar tone of wariness to Janet Yellen’s rhetoric throughout Q1, while the divide forming between the Fed officials on interest rate timings continued to question the central bank’s credibility. A selection of Fed officials were pushing for

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