The US Federal Reserve (Fed) will release the minutes of the Federal Open Market Committee's (FOMC) September 19-20 policy meeting at 18:00 GMT on Wed
The Federal Reserve will release the minutes of the FOMC meeting held on September 19-20. The Fed suggested that additional rate hikes may be appropriate before the end of the year. The US Dollar Index is undergoing a downward correction following an extended rally. nesday, October 11. These minutes will provide insights into policymakers' views on the current stance of monetary policy.
During the September meeting, Federal Reserve officials expressed a higher possibility of a "soft landing." This, combined with a slowdown in inflation, suggests a scenario of no rate hikes. However, the focus shifts to how long rates will remain elevated, which depends on the balance between the economy and inflation. The upcoming release of the Consumer Price Index for September is expected to show a decline in the annual inflation rate from 3.7% to 3.6%.
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