FOMC Minutes: Key Takeaways

Federal Reserve released minutes from the latest FOMC meeting at 7 pm GMT. Officials at that meeting voted to keep benchmark short-term borrowing rates anchored near zero. Here are key takeaways from the document:

Members said the current pace of purchases was helping keep financial conditions accommodative, they noted that changes could be enacted if necessary.
Officials also expressed concern about the pace of the economic recovery, noting that growth was still well off the pace before the pandemic began
Some market participants expected the Committee to eventually lengthen the weighted average maturity of the Federal Reserve's purchases of Treasury securities.
While participants judged that immediate adjustments to the pace and composition of asset purchases were not necessary, they recognized that circumstances could shift to warrant such adjustments.
Committee is expected to continue its net asset purchases at the current pace through next year and at a reduced pace in subsequent years

The publication did not bring much surprise and market reaction is rather muted. There was a lot of talk in the minutes about changes to QE. Committee members generally see the current pace of QE as effective and believe there is no need to change the pace and structure of asset purchases any time soon. We will get more hints on the further shape of the policy at the December meeting.

2 July 2026, 6:59 AM

Economic Calendar: Will Today's NFP Data Send Wall Street Plummeting❓

2 July 2026, 6:40 AM

Morning Wrap: Tech Sell-off in Korea, Yen Hits 40-Year Low Ahead of NFP🚨

1 July 2026, 3:06 PM

ISM: Decline in U.S. manufacturing

1 July 2026, 1:22 PM

US ADP job market data lower than expected 🚩 US100 reacts

Economic reports

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days