HERE COME THE FOMC MINUTES...
The Federal Reserve is set to release the minutes from its June 17-18 Federal Open Market Committee (FOMC) meeting at the top of the hour.
In its June 18 policy announcement, the Fed kept interest rates unchanged and took another $10 billion off its monthly asset purchases.
Along with its policy announcement, the Fed also released its latest economic projections, which include the much talked about "dot plot," which shows where FOMC members think interest rates will be at the end of the next three years.
In a note to clients earlier this week, Maury Harris, an economist with UBS, said that while the minutes may provide information that is, "somewhat limited and inconclusive," topics to keep an eye out for will be any discussion of the Fed's communication strategy and, of course, the dot plot.
We'll be back with live updates when the minutes hit.
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