Read more
6:14 PM · 13 October 2021

USD sees little reaction to FOMC Minutes

-
-
Open account Download free app

Minutes from the FOMC meeting that took place in September has just been released. Investors were hoping for more clues on the central bank tapering plans. Here are key takeaways from the document:

  • The Fed made no decision to proceed with a moderation of asset purchases in September, but policymakers generally assessed that, provided that the economic recovery remained broadly on track, a gradual tapering process that concluded around the middle of next year would likely be appropriate.
  • Participants noted that if a decision to begin tapering purchases occurred at the next meeting, the process of tapering could commence with the monthly purchase calendars beginning in either mid-November or mid-December.
  • Policymakers also considered an illustrative path of tapering, including monthly reductions in the pace of asset purchases, by $10 billion in the case of Treasury securities and $5 billion in the case of agency mortgage-backed securities (MBS).
EURUSD saw relatively small reaction to today’s FOMC minutes release. The most popular currency pair continued to trade around 1.1590 level. Source: xStation5

 

20 March 2026, 7:08 AM

Economic Calendar: Inflation in Germany and Canada in the Spotlight

19 March 2026, 1:54 PM

ECB chair, Christine Lagarde press conference (LIVE)

19 March 2026, 1:20 PM

BREAKING: ECB holds interest rates unchanged 📊EURUSD reacts

19 March 2026, 12:54 PM

US100 falls after strong US macro reports 🚩

Join over 2 000 000 XTB Group Clients from around the world
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits