FOMC Minutes Talking Points
- The May FOMC[1] minutes detailed a reserved conversation among policymakers who believed that patience on rates would be appropriate for the foreseeable future.
- Many FOMC members saw the early-2019 dip in inflation readings as “transitory."
- Rates markets show a small dip in 2019 rate cut odds relative to where they stood prior to the May FOMC minutes[2] release.
Looking for longer-term forecasts on the US Dollar? Check out the DailyFX Trading Guides[3].
Analysis to follow…
FX TRADING RESOURCES
Whether you are a new or experienced trader, DailyFX has multiple resources available to help you: an indicator for monitoring trader sentiment[4]; quarterly trading forecasts[5]; analytical and educational webinars held daily[6]; trading guides to help you improve trading performance[7], and even one for those who are new to FX trading[8].
--- Written by Christopher Vecchio, CFA, Senior Currency Strategist
To contact Christopher Vecchio, e-mail at
Follow him on Twitter at @CVecchioFX[10]
View our long-term forecasts with the DailyFX Trading Guides[11]
References
- ^ FOMC (www.dailyfx.com)
- ^ prior to the May FOMC minutes (www.dailyfx.com)
- ^ DailyFX Trading Guides (www.dailyfx.com)
- ^ trader sentiment (www.dailyfx.com)
- ^ trading forecasts (www.dailyfx.com)
- ^ webinars held daily (www.dailyfx.com)
- ^ improve trading performance (www.dailyfx.com)