Moderate caution remains on inflation

• Several participants said they were concerned trend inflation was too low, risking an eventual decline in inflation expectations and damaging Fed credibility
• Several officials said hike should hinge on incoming data
• Policymakers on balance believed inflation would move to the Fed’s 2% target though perhaps more slowly than thought
•  In October, the Committee will initiate the balance sheet normalization program described in the June 2017 Addendum to the Committee’s Policy Normalization Principles and Plans.”
• Many Fed officials saw another rate hike warranted this year

USD jumps up and down , comes back to pre-minutres rates
EURUSD 1.1850, USDJPY 112.42,CABLE 1.3215, USDCHF 0.9735

https://www.federalreserve.gov/monetarypolicy/files/fomcminutes20170920.pdf

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K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here

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