FOMC Minutes Show Deflation-Wary Fed Not Worried About Global Growth

Jon Alternative Media, Blogosphere, Economy, Fiscal Policies, Gold, Precious Metals

Having done nothing but rally since the FOMC statement on 10/29 that ended QE, the minutes provide little additional info aside from to note that some participants wanted to drop “considerable time”:
*MANY FED OFFICIALS SAW LIMITED IMPACT FROM GLOBAL SLOWDOWN *FED OFFICIALS SAW NEED TO WATCH FOR INFLATION EXPECTATIONS DROP *FOMC OPTED NOT TO MENTION FINANCIAL MARKET TURMOIL AFTER DEBATE If they don’t mention, it never happened!!
Pre-FOMC Mins: S&P Futs 2045, USDJPY 117.75, 10Y 2.349%, Gold $1194

This post was published at Zero Hedge on 11/19/2014.