FOMC Minutes - 08.04

The Federal Reserve is willing to make its first interest rate hike since the financial crisis in a matter of months, according to minutes from the March meeting released on Wednesday

“Several” Federal Reserve officials thought that the U.S. central bank would be able to raise interest rates in June, according to minutes from the March meeting released Wednesday. That’s a term suggestive of a solid core of Federal Open Market Committee members favoring action, though perhaps short of a majority.

At the same time, others thought a rate hike would not be warranted until later in the year as low oil prices and the strong dollar would likely hold inflation down.

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adrian8891 posted:
The Federal Reserve is willing to make its first interest rate hike since the financial crisis in a matter of months, according to minutes from the March meeting released on Wednesday

“Several” Federal Reserve officials thought that the U.S. central bank would be able to raise interest rates in June, according to minutes from the March meeting released Wednesday. That’s a term suggestive of a solid core of Federal Open Market Committee members favoring action, though perhaps short of a majority.

At the same time, others thought a rate hike would not be warranted until later in the year as low oil prices and the strong dollar would likely hold inflation down.

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These are just minutes from meeting from 18th March. The members did not know yet the awful nfp results. Right now it is unlikely the ratevhike happen soon.

allot of words but what doest it mean ?? 😐

all i hear is that rate hike would or would not ,could not or could not , maybe or maybe not do something to the dollar .😁

not all of as finished ' LoNdon school of economics ' so can u explain it in simple words please ) ! like when should we buy and when should we sell ) Regards

togr posted:

adrian8891 posted:
The Federal Reserve is willing to make its first interest rate hike since the financial crisis in a matter of months, according to minutes from the March meeting released on Wednesday

“Several” Federal Reserve officials thought that the U.S. central bank would be able to raise interest rates in June, according to minutes from the March meeting released Wednesday. That’s a term suggestive of a solid core of Federal Open Market Committee members favoring action, though perhaps short of a majority.

At the same time, others thought a rate hike would not be warranted until later in the year as low oil prices and the strong dollar would likely hold inflation down.

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These are just minutes from meeting from 18th March. The members did not know yet the awful nfp results. Right now it is unlikely the ratevhike happen soon.

I don't think so, one local parameter can't change global policy. If we don't see further negative data the rate hike is very posssible.

Here are the most glavnoe.Pochemu all silent about this? .This New QE at 900 billion. + 0.05% to the current rate.
Following the discussion of the testing of term RRP operations, the Committee approved the following resolution on term RRP testing over quarter-ends through January 29, 2016:

"During each of the periods of June 18 to 29, 2015; September 18 to 29, 2015; and December 17 to 30, 2015, the Federal Open Market Committee (FOMC) authorizes the Federal Reserve Bank of New York to conduct a series of term reverse repurchase operations involving U.S. government securities. Such operations shall: (i) mature no later than July 8, 2015, October 7, 2015, and January 8, 2016, respectively; (ii) be subject to an overall size limit of $300 billion outstanding at any one time; (iii) be subject to a maximum bid rate of five basis points above the ON RRP offering rate in effect on the day of the operation; (iv) be awarded to all submitters: (A) at the highest submitted rate if the sum of the bids received is less than or equal to the preannounced size of the operation, or (B) at the stop-out rate, determined by evaluating bids in ascending order by submitted rate up to the point at which the total quantity of bids equals the preannounced size of the operation, with all bids below this rate awarded in full at the stop-out rate and all bids at the stop-out rate awarded on a pro rata basis, if the sum of the counterparty offers received is greater than the preannounced size of the operation. Such operations may be for forward settlement. The System Open Market Account manager will inform the FOMC in advance of the terms of the planned operations. The Chair must approve the terms of, timing of the announcement of, and timing of the operations. These operations shall be conducted in addition to the authorized overnight reverse repurchase agreements, which remain subject to a separate overall size limit authorized by the FOMC."

DrVodka posted:
allot of words but what doest it mean ?? 😐

all i hear is that rate hike would or would not ,could not or could not , maybe or maybe not do something to the dollar .😁

not all of as finished ' LoNdon school of economics ' so can u explain it in simple words please ) ! like when should we buy and when should we sell ) Regards

Yes... sometimes a picture is worth a thousand words... Simply look at my profile picture or your chart.

lol☺