DIR Return Create A Forum - Home
       ---------------------------------------------------------
       profxvictory
  HTML https://profxvictory.createaforum.com
       ---------------------------------------------------------
       *****************************************************
   DIR Return to: Event Definitions
       *****************************************************
       #Post#: 269--------------------------------------------------
       FOMC Minutes
       By: fxvictory Date: December 10, 2014, 9:39 pm
       ---------------------------------------------------------
       Definition
       The Federal Open Market Committee issues minutes of its meetings
       with a lag. The minutes of the previous meeting are reported
       three weeks after the meeting.
       Why Investors Care
       The FOMC has changed dramatically in the transparency of its
       operations. It now discloses policy changes at the end of each
       meeting. Historically, the Fed used to keep investors guessing
       about policy changes and Fed officials did not appear on the
       speaking circuit as frequently as they do now.
       Since the Fed moved up the release of the minutes to three weeks
       after a meeting from six in January 2005, the minutes have
       become a market mover as analysts parse each word looking for
       clues to policy. However, the minutes do include the complete
       economic analysis compiled by Fed officials and whether or not
       any FOMC members have voiced opinions at odds with the rest of
       the group.
       Investors who want a more detailed description of Fed opinions
       will generally read the minutes closely. However, the Fed
       discloses its official view at the end of each FOMC meeting with
       a public statement. Fed officials make numerous speeches, which
       freely give their views to the public at large.
       Frequency
       Eight times a year
       Source
       Federal Reserve Board of Governors
       Availability
       The FOMC minutes are released three weeks to the day after the
       conclusion of each FOMC meeting. FOMC meetings are scheduled for
       eight times a year, typically for late January, mid-March, late
       April, mid-June, late July, mid-September, late October, and
       mid-December.
       Coverage
       Not applicable.
       Revisions
       Not applicable.
       *****************************************************