FXStreet (Edinburgh) – In the opinion of analysts at UOB Group, today’s FOMC minutes could give a hint of a potential Fed’s lift-off next month.
Key Quotes
“We will be receiving the minutes from the July FOMC meeting”.
“Although this meeting pre-dates China events and latest payrolls, hopefully we will get some clues on not just the first hike timing but also on the rate trajectory going forward”.
“Prior to the minutes, focus will be on CPI data. Together, both the minutes and CPI data will probably help us shape up expectations of a September rate hike”.
(Market News Provided by FXstreet)