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FOMC Minutes to give insight of different members view – Danske Bank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 17, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Research Team at Danske Bank, suggests that today we get the minutes from the FOMC meeting of 26-27 January which will give us a broader insight into the different views of the FOMC members.

    Key Quotes

    “It could attract some attention as Yellen's testimony was more or less just a repetition of the January FOMC statement. However, since the meeting, uncertainty in financial markets and the risk of a systemic crisis have both increased which, in our view, should keep the Fed on hold until the September meeting.

    US manufacturing production and capacity utilisation for January are due today and will also attract attention given the current weakness in manufacturing indicators like ISM. Finally, housing starts and permits are due for release.”
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