10 takeaways on the FOMC Minutes from Jon Hilsenrath

Author: Adam Button | Category: Central Banks

Quick breakdown from the WSJ Fedwatcher:

  1. Fed staff a tad more pessimistic about the near term economy, but sticks to its guns
  2. Fed officials also showed some angst on the economy
  3. Fed officials unconvinced about labor market improvements
  4. Mixed views on low inflation
  5. Fed officials thought the market had it about right in late july
  6. Mixed views on the damage of rate backup
  7. No change in the stance on bond buying
  8. Officials decided they had already said enough
  9. Changes in interest rate guidance are on the table
  10. Officials considered patience in unwinding bond program
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