Federal Open Market Committee (FOMC) Minutes

Country: United States, USD
Importance:
Medium
Sector: Money
Next release
11 Apr 2007 18:00 GMT
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FOMC Minutes is a detailed report of the Federal Open Market Committee meeting. The meetings are held 8 times a year and focus on the country's economic and financial conditions, monetary policy and Fed interest rates.

The minutes reveal the position of Fed and individual FOMC members concerning the monetary policy and contain data on the interest rate voting: distribution of "for" and "against" votes, as well as the rhetoric of the voting Committee members.

The minutes are published in two weeks after the FOMC meeting. Depending on their content, they can affect USD either positively or negatively.

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