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Overlooked but Not Forgotten, the Fed Minutes

Posted by WorldWideMarkets . on Oct 8, 2013 3:08:00 AM

In all the excitement over the government shutdown, almost forgotten is  the release on Wednesday of the Federal Reserve policy committee minutes from the September meeting where the Fed left policy unchanged and defied expectations that it would begin to taper stimulus.

There has been some indication that it was a close vote but the minutes should reveal all.


One other thought on the Fed for now. While September was thought to be a no brainer for the taper announcement, it is starting to look like it will not be October. The government closure and the delay in releasing data, particularly the all important non-farm payrolls report, are likely to leave the Fed unwilling to rock the boat on what has been a slow recovery. Even December is looking dodgy. trading the fed

 

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