Minutes from the last meeting of the Federal Reserve do not change much in perceiving perspectives for the US dollar. However, a few interesting sentences appeared in the opinions of the bankers which gives a more flexibility for interest rates this year. This "flexibility" can be a small hint on cuts, but on the other hands, there are still members that want interest rate increases
- Fed majority saw risks warranting rates on hold through 2019
- Several Fed officials noted rate views could shift either way
- Fed saws significant uncertainties around outlook
- Several Fed officials concerned yield curve was quite flat
- Most Fed officials did not expect spending weakness to persist
- Generally agreed patient was appropriate approach
- Majority saw rates on hold through 2019
- Several Fed officials noted rate views could shift either way
- Some Fed officials saw further modest increase later this year
The dollar is a little stronger after minutes release. Source: xStation5
