FOMC Minutes Posted With Mixed Outlook

Photo of Jon C. Ogg
By Jon C. Ogg Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Invalid Image
The biggest thing to watch for in the FOMC Minutes is the effect of exceptionally low rates and other quantitative easing measures.  The minutes show that the group does not expect agency securities sale staking place before early 2015.  The view on how long these near-zero rates were far from being quite as clear as the “end of 2014” that was communicated.  Some see 2% in shorter rates as more appropriate by then.  The most see downside risks to GDP forecasts and upside risks to unemployment forecasts.  Another huge risk is the spillover effect risks coming from Europe.  If you just look at the tally of ‘majority’ versus others that are ‘some’ you may wonder how much you really like a more communicative Federal Reserve.

The FULL FOMC MINUTES from the January 24 to 25 meeting are here.

 

Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

Continue Reading

Top Gaining Stocks

HPE Vol: 153,197,465
ENPH Vol: 8,360,053
GLW Vol: 18,152,646
APTV Vol: 6,761,325

Top Losing Stocks

TTD Vol: 21,905,513
INTU Vol: 7,383,018
CTRA Vol: 73,319,495
CBOE Vol: 5,000,011
HP
HPQ Vol: 29,259,826