US Treasuries Whipsaw as FOMC Minutes Shifts Focus on USD and Fiscal Policies | Economic News ForexMart
 

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US Treasuries Whipsaw as FOMC Minutes Shifts Focus on USD and Fiscal Policies


Janvier, 05 2017
watermark Economic news

US Treasuries careened between losses and gains after the minutes from the FOMC meeting last December showed that majority of the Federal Reserve’s officials have shifted their focus on slowing down the frequency of interest rate hikes. The minutes also revealed that various risks from the central bank’s fiscal policies is seen as a catalyst for speedier economic growth. The minutes of the FOMC showed a docile hawkishness but lacked any dovishness in its stance.


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