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More Hawkish than Expected FOMC

Discussion in 'Fundamental Analysis' started by ActionForex.com, Feb 17, 2010.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    After yesterday's surprisingly dovish speech from the new Minneapolis Fed president Kocherlakota, who fretted employment conditions, the Fed developments today pushed bonds in the opposite direction. First, the FOMC meeting minutes today revealed that some officials were pushing for the unwinding of the Fed's balance sheet with asset sales "in...

    complete article here...

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