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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Minutes FOMC shows a debate about when to end policy easing

18:16 9 October 2019

Minutes from the September FOMC meeting showed that there was a debate about when it is appropriate to end policy easing. A few bankers judged that market were pricing too much easing from the Fed side. Several members suggested that Fed should clarify when easing would end. Except that, minutes showed that several members wanted to keep rates steady. That may indicate that some members supported cut in September but they not willing to continue loosening monetary policy this year further

These remarks seem to be a little hawkish and  show that there is a split in the committee. Nevertheless it is worth to mention that the situation has changed dramatically since the September meeting. Additionally many members cited inflation in justifying September rate cut which should put focus on inflation data tomorrow. We should notice that market currently is pricing about 1.5 cut this year. EURUSD is steady after the publication and treasuries pare declines. Wall Street remains high today.

EURUSD is steady after FOMC minutes publication. Source: xStation5

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