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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 This email address is being protected from spambots. You need JavaScript enabled to view it.[9]

Follow him on Twitter at @CVecchioFX[10]

View our long-term forecasts with the DailyFX Trading Guides[11]

References

  1. ^ FOMC (www.dailyfx.com)
  2. ^ prior to the May FOMC minutes (www.dailyfx.com)
  3. ^ DailyFX Trading Guides (www.dailyfx.com)
  4. ^ trader sentiment (www.dailyfx.com)
  5. ^ trading forecasts (www.dailyfx.com)
  6. ^ webinars held daily (www.dailyfx.com)
  7. ^ improve trading performance (www.dailyfx.com)

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