The Key Things To Look For In Today’s FOMC Minutes, And How To Trade Them

Jon Economy

Despite a near-collapse in the US economic surprise index – a key leading indicator, and major negative for the US economy…

… and recent disappointing inflation readings, largely attributed to the telecom sector in general and unlimited phone plan packages, not to mention the 0.7% Q1 GDP print, today’s FOMC minutes scheduled (released at 2:00pm today with the usual 3 week lag) are likely to reveal a relatively optimistic Fed with many Committee members expecting the weakness early on in 2017 to prove “transitory.”

This post was published at Zero Hedge on May 24, 2017.