Market focus on FOMC Minutes – BBH

Research Team at BBH, suggests that the FOMC minutes from last month's meeting will be released and the minutes are likely to give a broad impression of views and concerns. 

Key Quotes

“Voters and non-voters are treated equally.  The Governors and regional Presidents are indistinguishable.  Yet, time after time, policy is shown to emanate from the Fed's leadership.  This may make NY Fed Dudley's press briefing tomorrow, which will include Q&A, more revealing than the minutes themselves.  We expect Dudley to take a similar tone to his comments Tuesday.  We expect the dollar to remain firm going into Dudley's appearance tomorrow.”