FOMC Minutes coming up at the top of the hour

Heads up, the FOMC Minutes are due at the top of the hour.

The next meeting is on December 18 and the market is pricing in a 58% chance of a cut with the remainder at ‘no change’.

I expect indications to point to a ‘meeting-by-meeting’ approach and that the deciding factor in the next meeting will be upcoming economic data. So instead, I will be looking at the debate around where neutral is and how quickly they want to get there.

This article was written by Adam Button at www.forexlive.com.