FED - USD
Forex Trading - FOMC Meeting Minutes
Posted by Alex Chernomordin on Tue, 08/26/2008 - 1:05pm in
The following are the highlights of the Federal Reserve Open Market Committee's meeting:
- Significant concern on inflation risk.
- Generally saw next Fed move as raising rates.
- Raising capital grew more difficult for banks.
- Higher mortgage rates may worsen housing crisis.
- Many Fed officials saw markets as fragile.
- Several Fed officals saw market risks receding.
- Some officials were concerned inflation wont ease in 2009.
Economic Calendar
