Fed Minutes
Fed Minutes to be released at 2:00 PM
Posted by Greg Michalowski on Tue, 08/28/2007 - 12:36pm in
The market has quieted down as the stock market slowed it's move lower and profit taking ensued. The Fed Minutes will be coming out at 2:00. The market will be looking for clues on what the Fed is thinking when they kept the rates unchanged.
The situation with the Fed, however, is day to day. Bernanke speech on Friday, then the employment report a week from Friday will clear the picture before the September Fed Meeting. Much is still dependent on the data and in particular the consumers reaction to the housing issues.





