
September Fed Minutes: Highlights
Ok, who's excited about the Fed Minutes? Raise your hands!
Obviously, the September minutes will be parsed for clues as to what the committee was thinking in terms of staying the course for December despite lackluster inflation.
Also key - or at least to our mind - is if there's any indication sticking to the near-term rate path was in any way motivated by concerns about financial stability. So do they really think inflation is being held down by "transitory" factors? Or is that just an excuse