FOMC minutes to give context for growth and inflation – TDS

By FXStreet Research Team at TDS, suggests that the FOMC minutes will give investors some context into the discussions around the outlook for growth and inflation at the April 27th FOMC.

Key Quotes

“TD expects the tone of the report to be relatively dovish, reflecting the continued uncertainty about the outlook and a cautious approach to policy normalization. Given the consistent attempts by Fed speakers in recent weeks to lean against the current dovish market pricing, the minutes will provide an opportunity to gauge the appetite among members for pulling the trigger on a hike if the data improves.”
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Source:: FX Street