By: Wall Street Pit
August 23, 2012 at 05:54 AM EDT
Fed Watch: It’s All About The Data
The minutes of the July 31 – August 1 FOMC meeting are out. In my opinion, they reiterated the importance of the data flow in assessing the Fed’s next move. The money quote was: Many members judged that additional monetary accommodation would likely be warranted fairly soon unless incoming information pointed to a substantial and [...]
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