Scoreboard: Supportive Fed

Wall Street rose following the release of the latest Fed minutes, while oil prices slipped on the downward revision to global growth forecasts.

In the US, the FOMC minutes revealed that the debate among policymakers on its interest rate guidance was more robust than in prior months. Several officials showed concerns about misleading investors and pushed for a more data-dependent approach. 

"The concern was raised that the reference to "considerable time" in the current forward guidance could be misunderstood as a commitment rather than as data-dependant".

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles