FOMC Minutes Preview: Beware The Hawkish Jolt

Today’s release of September’s FOMC minutes comes at a bad time for fragile markets and will intensify risk-aversion, according to Bloomberg’s Mark Cudmore. Based on the rhetoric from Fed officials in the days following the Sept. 21 decision, the minutes will emphasize that the committee are keen to raise rates, and that all meetings are live – – including November.
Stocks are flat post-FOMC, Gold the worst hit…

This post was published at Zero Hedge on Oct 12, 2016.