A very quick preview of Wednesday's FOMC Minutes release from Société Générale (Minutes due at 1800GMT on 8 April 2015)

  • Say the Minutes should provide more insight into path of rate increases after the initial liftoff,
  • And, the Minutes are likely to offer more details on discussions on the Committee of exit strategies
  • While removal of "patient" view on stance "now puts the onus squarely" on data, a key question is whether the data flow will imrove
  • SG say that "every meeting from June onwards is a contender for policy action"

From SG's Patrick Legland and strategists client note