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German Bank: Fed Meeting Minutes Expected to Have Little Impact on Dollar's Movement

BlockBeats News, October 8th, in a report, Antje Praefcke, an analyst at a German commercial bank, stated that the minutes of the last Fed meeting are unlikely to have a significant impact on the US dollar. She mentioned that the upcoming meeting minutes may highlight the divergence of views among policymakers, but this is nothing new. “Ultimately, what will be decisive for the foreign exchange market is the future.” The development of inflation and the job market will play a decisive role in the Fed’s future decisions, but due to the US government shutdown and the delay in the release of official data, it is meaningless to react to past statements of Fed members until new information emerges. (FXStreet)

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