January 07, 2025 21:21 GMT
MNI FOMC Minutes Preview: December 2024
There are several elements to watch for in the minutes, including how "close" a call it was to cut rates at all.
MNI (NEW YORK) - Executive Summary
- The minutes to the December 2024 FOMC meeting (released Wednesday Jan 8 at 1400ET) should provide further context for what Chair Powell dubbed a “closer call” but ultimately the “right call” to cut rates by 25bp.
- There are several elements to watch for in the minutes, including the degree to which anticipated Trump administration policies affected participants' forecasts, the shift in the perceived balance of risks, and how "close" a call it was to cut rates at all in December.
- MNI's preview of the Minutes includes what to watch for upon release; MNI's FOMC Hawk-Dove Spectrum; key highlights of FOMC participant commentary since the December meeting; and sell-side analyst expectations.
FOR THE FULL PUBLICATION PLEASE USE THE FOLLOWING LINK:
Keep reading...Show less
121 words