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Business / Finance

Markets await the fed minutes

MQL5: Blogs Traders 21.08.2019 at 16:50

Blogs traders and analyst of financial markets

Today, August 21, the attention of investors is chained to the minutes of the last meeting the fed will publish at 21:00 GMT.

At the meeting in July, the Federal reserve for the first time in the last ten years has lowered the interest rate by 25 basis points.

Governor Jerome Powell presented this decision as a "correction in the middle of the cycle" than disappoint the President of the United States Donald trump, who hoped for a consistent monetary policy easing.

the majority of market participants believe another interest rate cut at the meeting in September and expect to find the Protocol appropriate signals from officials of the U.S. Central Bank.