Connect With Us
Register
Login
FOMC Minutes definition
FOMC Minutes are the official record of a Federal Open Market Committee meeting, the gathering at which the US Federal Reserve sets monetary policy. They lay out the committee's view on the economy, inflation, and the policy decision in more detail than the short statement released on the day.
The minutes are published about three weeks after each FOMC meeting. They show how policymakers weighed interest rates, financial conditions, growth risks, and inflation at the time, which lets traders gauge the likely direction of future rate decisions.
FOMC Minutes differ from the FOMC statement, which is released the moment a decision is made and runs only a few paragraphs. A hawkish tone in the minutes can support the US dollar and pressure stocks and gold, while a dovish tone can do the reverse.
FOMC Minutes Example
The Federal Reserve holds interest rates steady at an FOMC meeting.
Three weeks later, the FOMC Minutes reveal that several members discussed keeping rates higher for longer.
Traders may read this as hawkish, which can support the US dollar and add pressure to stocks and gold.
Get Started!
Sign up and access the Global Markets in less than 3 minutes
The information provided on this website is of a general nature only and does not constitute personal financial advice. Before acting on any information on this website, you should consider the suitability of the information in relation to your objectives, financial situation and needs. Investing in CFDs and FX Margin Contracts carries significant risks and is not suitable for all investors. You may lose more than your initial deposit. You do not own, or have, any interest in the underlying asset. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. It is important that you read and consider the disclosure document before you acquire any product listed on the website. The information and advertisements offered on this website are not intended for use by any person in any country or jurisdiction where such use would be contrary to local laws and regulations. The Products and Services offered on this website are not intended for residents of the United States, Malaysia and Thailand.
TMGM is authorized and regulated in various jurisdictions.
Trademax Australia Limited, trading as TMGM, is regulated by the Australian Securities and Investments Commission (ASIC), AFSL no. 436416 and is located at Level 28, One International Tower, 100 Barangaroo Avenue, 2000 Sydney, NSW Australia.
Email: support@tmgm.com.au
Trademax Global Limited, trading as TMGM, is authorized and regulated by the Vanuatu Financial Services Commission (VFSC), registration number 40356 and registered at 1276, Kumul Highway, Port Vila, Vanuatu, Republic of Vanuatu.
Email: support@tmgm.com
Trademax Global Markets (SE) Limited, trading as TMGM, is authorized and regulated by the Financial Services Authority (FSA) of Seychelles, with license number SD224. The company is registered at Office No 13, Providence Estate ABIS Centre, Mahe, Seychelles.
Email: support@tmgm.com
Trademax Global Markets (International) Pty Ltd, trading as TMGM, is authorized and regulated by the Financial Services Commission, Mauritius (FSC) with license no. GB22201012, and registered at 33, Edith Cavell Street C/o IQ EQ Fund Services (Mauritius) Ltd Port Louis, 11324 Mauritius.
Email: support@tmgm.com
Copyright © TMGM. All rights reserved