FOMC Minutes due at the top of the hour

There has been lots of hawkish talk ahead of the Minutes. Some of the top names at the Fed have been talking about 3-5 hikes in the year ahead.

These are the Minutes of the Dec meeting where they hiked.

The Minutes are always overrated, the headlines are often confusing and no one ever learns anything about future monetary policy that's not already out there.

That said, if you want a quick thought, I think the Minutes might have a dovish tilt because the people who were worried will have been heard, especially on inflation.